Bitcoin Leverage Still Has Fans: ProShares Ultra Bitcoin ETF Draws Fresh Cash
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ProShares Ultra Bitcoin ETF, ticker BITU, attracted $9.12 million in new money on February 23, 2026, signaling renewed appetite for leveraged Bitcoin exposure despite recent price weakness. The inflow amounts to roughly 2.4% of the fund’s $379.8 million in assets under management, a meaningful single-day vote of confidence from traders.
The related asset, BTC-USD, is currently trading at $63,187.92 after a bruising three-month stretch in which it has fallen about 24.27%. Short-term momentum remains negative, with the one-day technical signal flashing Strong Sell, underscoring the contrarian nature of the latest inflows into the leveraged ETF.
The juxtaposition of sizeable inflows into a high-octane Bitcoin vehicle and a deteriorating technical backdrop suggests investors are either positioning for a rebound or doubling down on volatility-driven trading strategies. With leverage amplifying both gains and losses, BITU’s growing AUM base could magnify market moves if sentiment in spot Bitcoin swings sharply in coming sessions.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.