Short Bitcoin Bets Unwind as ProShares’ Inverse ETF Sees Notable Outflows
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The ProShares Short Bitcoin Strategy ETF, BITI, recorded net outflows of $1,558,515 on January 08, 2026, trimming bearish exposure just as crypto markets attempt to stabilize. With assets under management now at $97,217,726, the latest redemption represents roughly 1.6% of the fund’s AUM, a meaningful vote of reduced conviction among investors betting against Bitcoin’s price.
The move suggests that some traders are locking in profits or moderating downside hedges after a choppy quarter for Bitcoin. While BITI is designed to deliver the inverse of Bitcoin’s daily performance, persistent volatility has made timing these flows increasingly critical for both speculators and risk managers.
The related asset, BTC-USD, is currently trading around $95,571.98. Despite a three-month decline of about 11.9%, the coin has flashed a short-term momentum shift, with a 1-day technical signal screening as Buy. That combination—longer-term weakness alongside a near-term technical uptick—may be encouraging some short sellers to step aside, contributing to the latest outflows from BITI.
Investors will be watching whether this retreat from inverse Bitcoin exposure marks the early stages of a broader sentiment turn or simply a tactical reset after recent downside. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.