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Short Bitcoin ETF Draws New Cash as Traders Double Down on Crypto Downside

Short Bitcoin ETF Draws New Cash as Traders Double Down on Crypto Downside

Short Bitcoin Bets Draw Fresh Cash as ETF Investors Re‑Arm for Downside

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The ProShares Short Bitcoin Strategy ETF, BITI, saw fresh capital inflows on January 23, 2026, with $1,804,456 in new money entering the fund. The move lifts its assets under management to $107,768,428, with the latest flow representing roughly 1.67% of total AUM—an unusually punchy one-day shift for a niche, inverse crypto product.

The scale of the inflow suggests a renewed appetite for tactical downside protection—or outright speculation—against Bitcoin’s price, as investors position for further volatility after a difficult quarter for the flagship cryptocurrency. A single-day addition of more than 1.6% of AUM indicates that a cohort of traders is willing to pay for convex exposure should the slide deepen.

The related asset, BTC-USD, is currently trading at $87,786.01, having shed about 22.11% over the past three months. Despite Bitcoin’s already steep pullback, short-term signals remain cautious: the 1-day technical outlook is flashing Sell, underscoring persistent bearish momentum. That backdrop helps explain why an inverse ETF like BITI is attracting new assets even after a sizable correction.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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