Short Sellers Double Down: Inverse Bitcoin ETF Attracts Fresh Cash as BTC Stays Under Pressure

Short Sellers Double Down: ProShares UltraShort Bitcoin ETF Sees Fresh Inflows as BTC Slides

The ProShares UltraShort Bitcoin ETF, SBIT, absorbed $3.15 million of net inflows on March 26, 2026, as traders sought leveraged downside exposure to Bitcoin. The move lifted the fund’s assets under management to $203.6 million, with the latest flow representing roughly 1.55% of AUM, a meaningful single-day shift for a niche bearish product.

The related asset, BTC-USD, is currently trading at $66,530.82, extending a bruising three‑month slide of about 24.1%. The coin’s short‑term outlook remains fragile, with a 1‑day technical signal flashing Sell, a backdrop that helps explain renewed interest in inverse exposure.

The sizeable inflow into SBIT underscores how macro jitters and fading risk appetite are pushing some investors to hedge or speculate against further Bitcoin weakness. While long‑only crypto products have seen choppy demand, bearish and leveraged ETFs are increasingly acting as barometers of sentiment at key turning points in the digital‑asset cycle.

With Bitcoin still well off recent highs and volatility elevated, SBIT’s recent asset growth could signal both rising caution and a more sophisticated use of derivatives‑like tools in retail portfolios. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.