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Investors Pile Into Short Bitcoin ETF Betting on Prices to Fall

ProShares' BITI exchange-traded fund raked in $11 million Thursday after a lackluster opening day.

By Krisztian Sandor
Updated May 11, 2023, 3:44 p.m. Published Jun 24, 2022, 5:21 p.m.
ProShares' short bitcoin ETF toppled Valkyrie's and VanEck's future-based ETFs in assets under management. (Arcane Research)
ProShares' short bitcoin ETF toppled Valkyrie's and VanEck's future-based ETFs in assets under management. (Arcane Research)