ProShares’ Bitcoin bellwether, BITO, saw investors pull $6.06 million on February 13, 2026, in a fresh sign of fatigue toward listed crypto products. The outflow represents roughly 0.33% of the fund’s $1.83 billion in assets under management, a modest slice in percentage terms but notable given recent volatility in the underlying token.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The related asset, BTC-USD, is currently trading at $68,920.60 after shedding about 27.8% over the past three months. Its 1-day technical picture remains firmly negative, flashing a Strong Sell signal as traders lean into risk reduction rather than dip-buying.
The combination of sustained price weakness in Bitcoin and measured yet persistent outflows in BITO suggests investors are reassessing leveraged exposure to the crypto cycle. While the latest redemption is far from a run on the fund, it underscores how quickly sentiment can sour when momentum stalls and macro headwinds weigh on speculative assets.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.