Bitcoin’s leveraged bulls showed fresh conviction as ProShares Ultra Bitcoin ETF, BITU, attracted $6.43 million in new money on February 09, 2026, even as the underlying token remains under pressure. The single-day inflow represents about 1.6% of the fund’s $403.2 million in assets under management, signaling investors are still willing to lean into volatility.
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The related asset, BTC-USD, is currently trading around $67,501.32, down roughly 30.85% over the past three months as speculative froth has come out of the market. Short-term momentum remains negative, with a 1-day technical signal flashing Strong Sell, underscoring the risk embedded in leveraged exposure.
While BITU’s latest inflow is modest in absolute terms, it stands out given the backdrop of a sharp drawdown in Bitcoin prices and increasingly cautious sentiment across digital assets. The move suggests tactical traders may be positioning for a rebound or using the ETF for short-term hedging, rather than signaling a broad-based return of retail exuberance.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.