Bitcoin ETF Buyers Step In Despite Price Slump as ProShares’ BITO Pulls Fresh Cash
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ProShares Bitcoin Strategy ETF, ticker BITO, attracted $5,470,875 in net inflows on January 02, 2026, even as bitcoin prices remain under pressure. The new capital represents about 0.25% of the fund’s latest assets under management, which stand at roughly $2.20 billion, signaling that investors are still willing to add exposure on weakness rather than abandon the trade.
The related asset, BTC-USD, is currently trading at $92,677.01, down about 26.36% over the past three months. Despite that steep drawdown, near-term market signals remain indecisive, with the one-day technical rating sitting at Hold, underscoring a tug-of-war between dip buyers and risk-averse traders.
The combination of renewed inflows into BITO and a neutral short-term signal on bitcoin suggests that some institutional and retail investors view the recent correction as an opportunity to re-enter or average down, rather than as the start of a prolonged bear phase. With flows still a small fraction of total AUM, positioning appears measured rather than euphoric, leaving room for further allocation shifts as macro data, regulatory developments and crypto market volatility unfold.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.