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Short Sellers Circle Bitcoin Again as ProShares’ BITI Pulls In Millions

Short Sellers Circle Bitcoin Again as ProShares’ BITI Pulls In Millions

Short Bets Build as ProShares’ Bitcoin Bear ETF Draws Fresh Inflows

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ProShares Short Bitcoin Strategy ETF, ticker BITI, attracted $5.23 million in new money on March 25, 2026, signaling renewed demand for downside protection in crypto. The single-day intake represents roughly 3.28% of the fund’s $159.39 million in assets under management, a sizable vote of confidence in bearish positioning.

The related asset, BTC-USD, is currently trading at $69,522.99 after sliding 18.32% over the past three months, a correction that has not yet shaken investors’ appetite for leveraged short exposure. Despite the medium-term pullback, the coin’s 1-day technical signal stands at Buy, underscoring the tug-of-war between tactical bulls and structural bears.

The combination of strong inflows into a short vehicle and a near-term buy signal on spot prices highlights a market split between traders expecting a relief rally and those bracing for further declines. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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