Bitcoin’s Leverage Trade Just Drew Fresh Cash as ProShares Ultra Bitcoin ETF Sees Nearly 2% Inflow
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ProShares Ultra Bitcoin ETF, ticker BITU, attracted $11.14 million in new money on April 24, 2026, marking a notable bullish wager on leveraged bitcoin exposure. The latest flow amounts to roughly 1.99% of the fund’s $559.1 million in assets under management, a sizable single-day allocation shift for a geared crypto vehicle.
The related asset, BTC-USD, is currently trading at $77,929.49 after a choppy quarter that left it down about 13.15% over the past three months. Despite that pullback, the one-day technical signal on bitcoin screens as a firm Buy, suggesting short-term momentum traders see scope for a rebound.
The inflow into BITU hints that risk-tolerant investors are leaning into the recent weakness, using leverage to amplify any potential upside if bitcoin’s bounce gains traction. With flows rising even as prices sit below recent peaks, positioning in BITU may be signaling renewed speculative confidence rather than defensive retrenchment in the crypto complex.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.