Short Sellers Double Down: ProShares’ Bearish Bitcoin ETF Sees Fresh Inflows as Crypto Slumps
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The ProShares Short Bitcoin Strategy ETF, BITI, attracted $1,698,920 in new capital on January 16, 2026, a meaningful inflow equal to roughly 1.71% of its $99.45 million in assets under management (AUM). The move signals renewed conviction among investors positioning for further downside in Bitcoin, as the inverse ETF is designed to deliver the opposite daily performance of the benchmark cryptocurrency.
The related asset, BTC-USD, is currently trading at $89,911.24, having shed about 17% over the past three months. Technically, the market backdrop remains fragile, with the 1-day signal flashing Strong Sell. That combination of negative price momentum and bearish technicals appears to be fueling demand for short exposure via BITI, as some traders either hedge existing holdings or speculate on a deeper pullback.
While a single day’s flows do not make a trend, the latest allocation into BITI underscores a shift in sentiment after Bitcoin’s prior rally, suggesting that a segment of the market is increasingly skeptical that the cryptocurrency’s current valuation is sustainable without a clearer macro or regulatory catalyst to support renewed upside.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.