Short Bitcoin Bets Lose Steam as ProShares’ SBIT Sees Heavy Outflows
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The ProShares UltraShort Bitcoin ETF, SBIT, recorded significant outflows on December 26, 2025, with $8,385,479 exiting the fund. The move represents roughly 6.9% of its latest reported assets under management (AUM) of $121,454,395, signaling a notable shift in sentiment among traders who had been positioning for downside in Bitcoin.
Such a large single-day redemption, in percentage terms, suggests that a meaningful cohort of investors is either locking in profits from prior bearish trades or capitulating on short exposure as Bitcoin’s price resilience persists. For a leveraged inverse product like SBIT, flows often act as a high‑beta gauge of conviction around near-term crypto volatility and direction.
The related asset, BTC-USD, is currently trading at $87,562.25. Over the past three months, the benchmark cryptocurrency has seen a pronounced upswing, leaving short-biased strategies under pressure, though the exact three-month percentage change was not specified in the latest data. Its 1-day technical signal stands at Your response should be a json object with the following structure: {Summary: text, Title: text, Error: error message or null}, underscoring how short-term technicals remain closely watched as investors reassess the risk-reward of leveraged bearish products.
The combination of robust Bitcoin prices and sizeable redemptions from SBIT highlights a market that is, at least for now, less willing to pay for leveraged downside protection. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.