Bearish Bets Grow as ProShares Inverse Bitcoin ETF Sees Fresh Inflows
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ProShares Short Bitcoin Strategy ETF, ticker BITI, drew $2.38 million in new money on March 27, 2026, signaling renewed demand for bearish Bitcoin exposure. The single-day inflow represents about 1.49% of the fund’s $159.8 million in assets under management, a notable swing for a niche short-crypto vehicle.
The related asset, BTC-USD, is currently trading at $67,379.72 after shedding roughly 25.17% over the past three months, a pullback that has emboldened traders looking to profit from further downside. Short-term signals remain cautious, with the one-day technical stance flashing a firm Sell, lending support to the case for continued hedging via inverse products like BITI.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.