Bearish Bitcoin bettors added fresh firepower this week as ProShares Short Bitcoin Strategy ETF, BITI, absorbed $905,412 in new money on April 24, 2026. The inverse fund now oversees $179.9 million in assets, with the latest inflow equal to roughly 0.50% of assets under management, signaling a measurable renewal of demand for downside exposure.
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The related asset, BTC-USD, is currently trading at $76,612.42 after sliding about 9.9% over the past three months. Despite that pullback, the coin’s short-term outlook has brightened, with a 1-day technical signal flashing Buy, complicating the picture for traders positioning through inverse products.
BITI’s latest inflow suggests some investors remain unconvinced that Bitcoin’s recent weakness has fully run its course and are seeking a hedge against renewed volatility. Yet the positive near-term technicals for spot Bitcoin highlight a growing divide between tactical bearish flows and chart-based signals that point to potential relief rallies ahead.
If Bitcoin stabilizes or rebounds, inflows into bearish ETFs like BITI could quickly reverse as short-term traders lock in gains or cut losses. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.