ProShares Ultra Bitcoin ETF books hefty inflows as traders buy the dip
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ProShares’ leveraged crypto vehicle, the BITU, drew fresh capital on April 17, 2026, signaling renewed risk appetite in a choppy digital-asset market. The fund absorbed $18.09 million in net inflows, lifting its assets under management to $492.8 million and meaningfully expanding exposure after a volatile quarter for Bitcoin-linked products.
The latest flow represents about 3.7% of ProShares Ultra Bitcoin ETF’s AUM, a sizable one-day adjustment for a geared product that typically attracts tactical traders rather than long-term holders. Such a strong move suggests investors are positioning for a rebound in Bitcoin prices, or at least betting that recent weakness has overshot fundamentals in the near term.
The related asset, BTC-USD, is currently trading at $74,981.22 after a bruising three-month stretch in which it has fallen roughly 18.8%. Despite that drawdown, short-term momentum has turned more constructive, with the one-day technical signal flashing Buy, a backdrop that likely emboldened leveraged ETF inflows.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.