ProShares Bitcoin Strategy
BITO • ARCA
ProShares Bitcoin Strategy is an exchange-traded fund on ARCA. As of Q3 2025, 198 institutional investors hold shares in this ETF, with total holdings valued at $301.5M. Acorns Advisers, LLC is the largest holder with a position valued at $90.1M.
Overview
Overview of institutional ownership in BITO as of Q3 2025
All Institutions
- Institutions
- 198
- Value Held
- $301.5M
- Shares Held
- 15.4M
- Avg Position
- $1.5M
- Median Position
- $207.4K
Hedge Funds
- Hedge Funds
- 5
- Value Held
- $11.3M
- Shares Held
- 575.1K
- Avg Position
- $2.3M
- Median Position
- $2.0M
Biggest Investors
Institutions with the largest positions in BITO as of Q3 2025
| Institution | Position Value |
|---|---|
 Acorns Advisers, LLC RIA/Wealth | $90.1M 0.74% of portfolio |
 GOLDMAN SACHS GROUP INC Institution | $60.3M 0.01% of portfolio |
 Toroso Investments, LLC ETF Provider | $17.2M 0.07% of portfolio |
J JANE STREET GROUP, LLC Institution | $15.5M 0.02% of portfolio |
 Ambassador Advisors, LLC RIA/Wealth | $12.4M 1.89% of portfolio |
 Fielder Capital Group LLC RIA/Wealth | $10.0M 2.28% of portfolio |
 Legacy Wealth Managment, LLC/ID RIA/Wealth | $5.8M 2.73% of portfolio |
 Coastal Investment Advisors, Inc. RIA/Wealth | $5.2M 1.73% of portfolio |
$4.9M 0.01% of portfolio | |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $4.8M 0.01% of portfolio |
Net Capital Flow
Institutional buying and selling activity for BITO in Q3 2025
- Traded
- −$6.0M
- Buyers
- 129
- Sellers
- 61
- Total Bought
- +$77.0M
- Total Sold
- −$83.0M
- Avg Position
- $1.3M
Biggest Buyers
| Institution | Net Bought |
|---|---|
GOLDMAN SACHS GROUP INC Institution | +$28.8M +1.5M shares |
Acorns Advisers, LLC RIA/Wealth | +$12.8M +647.9K shares |
Toroso Investments, LLC ETF Provider | +$10.0M +531.0K shares |
Q Quadrature Capital Ltd Institution | +$4.6M +233.6K shares |
+$1.5M +77.8K shares | |
Fielder Capital Group LLC RIA/Wealth | +$1.3M +64.5K shares |
W WOLVERINE TRADING, LLC Institution | +$1.1M +56.6K shares |
R RK Capital Management, LLC/FL RIA/Wealth | +$1.0M +-782.7K shares |
S SIMPLEX TRADING, LLC Institution | +$996.2K +50.6K shares |
S STEVENS CAPITAL MANAGEMENT LP Hedge Fund•Multi-Strategy | +$986.0K +50.1K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
J JANE STREET GROUP, LLC Institution | −$33.7M −1.7M shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | −$13.7M −698.2K shares |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | −$11.9M −606.1K shares |
Legacy Wealth Managment, LLC/ID RIA/Wealth | −$4.2M −214.3K shares |
 RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | −$3.3M −169.5K shares |
Ambassador Advisors, LLC RIA/Wealth | −$3.0M −154.1K shares |
S SIH Partners, LLLP Institution | −$2.0M −91.6K shares |
S SIG North Trading, ULC Institution | −$1.6M −74.7K shares |
W WHITE BAY PT LLC Institution | −$1.4M −72.0K shares |
 VISION FINANCIAL MARKETS LLC RIA/Wealth | −$1.2M −63.4K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited BITO in Q3 2025
- New Positions
- 24
- New Value
- $7.6M
- Exited Positions
- 26
- Exited Value
- $7.5M
New Positions
| Institution | Position Value |
|---|---|
Q Quadrature Capital Ltd Institution | $4.6M 233.6K shares |
V Vise Technologies, Inc. Institution | $546.3K 27.8K shares |
 INTL FCSTONE INC. Institution | $425.8K 21.6K shares |
 CPA Asset Management LLC RIA/Wealth | $370.0K 18.8K shares |
S Somerset Trust Co Institution | $305.0K 15.5K shares |
 CUSTOM INDEX SYSTEMS, LLC RIA/Wealth | $228.7K 11.6K shares |
 Silverleafe Capital Partners, LLC RIA/Wealth | $222.7K 11.3K shares |
 BRIGHTON JONES LLC RIA/Wealth | $206.0K 10.5K shares |
 Ignite Planners, LLC RIA/Wealth | $197.6K 10.0K shares |
 Sontag Advisory, LLC RIA/Wealth | $197.2K 10.0K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
S SIH Partners, LLLP Institution | $2.0M 91.6K shares |
S SIG North Trading, ULC Institution | $1.6M 74.7K shares |
 National Asset Management, Inc. RIA/Wealth | $990.8K 46.1K shares |
 Evolution Wealth Advisors, LLC RIA/Wealth | $425.9K 19.8K shares |
 Streettalk Advisors, LLC RIA/Wealth | $418.0K 19.4K shares |
F Financial Engines Advisors L.L.C. Institution | $351.8K 16.4K shares |
 Davies Financial Advisors, Inc. RIA/Wealth | $314.4K 14.6K shares |
 LLBH Private Wealth Management, LLC RIA/Wealth | $214.3K 10.0K shares |
 Quantinno Capital Management LP Hedge Fund•Market Neutral | $210.8K 9.8K shares |
 Avestar Capital, LLC RIA/Wealth | $204.3K 9.5K shares |
Options Activity
Institutions with the largest Call and Put options positions in BITO as of Q3 2025
- Call Positions
- 10
- Call Value
- $54.0M
- Put Positions
- 10
- Put Value
- $148.0M
Call Positions
| Institution | Position Value |
|---|---|
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $25.5M 13.0K contracts |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $13.7M 6.9K contracts |
J JANE STREET GROUP, LLC Institution | $5.7M 2.9K contracts |
W WOLVERINE TRADING, LLC Institution | $5.3M 2.7K contracts |
G Greenland Capital Management LP Hedge Fund•Multi-Strategy | $1.4M 733.0 contracts |
 BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | $1.3M 657.0 contracts |
 Walleye Trading LLC RIA/Wealth | $934.8K 475.0 contracts |
B Belvedere Trading LLC Institution | $74.8K 38.0 contracts |
O OLD MISSION CAPITAL LLC Institution | $3.1K 290.0 contracts |
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage | - - contracts |
Put Positions
| Institution | Position Value |
|---|---|
 Graham Capital Management, L.P. Hedge Fund•Multi-Strategy | $49.2M 25.0K contracts |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $45.0M 22.9K contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $17.7M 9.0K contracts |
J JANE STREET GROUP, LLC Institution | $16.2M 8.2K contracts |
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | $8.9M 4.5K contracts |
W WOLVERINE TRADING, LLC Institution | $7.0M 3.6K contracts |
Walleye Trading LLC RIA/Wealth | $3.6M 1.8K contracts |
B Belvedere Trading LLC Institution | $352.3K 179.0 contracts |
O OLD MISSION CAPITAL LLC Institution | $8.0K 325.0 contracts |
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage | - - contracts |
Most Committed Institutions
Institutions with BITO as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Legacy Wealth Managment, LLC/ID RIA/Wealth | 2.73% $5.8M |
Fielder Capital Group LLC RIA/Wealth | 2.28% $10.0M |
Ambassador Advisors, LLC RIA/Wealth | 1.89% $12.4M |
Coastal Investment Advisors, Inc. RIA/Wealth | 1.73% $5.2M |
R RK Capital Management, LLC/FL RIA/Wealth | 1.55% $1.0M |
M McMahon Financial Advisors, LLC RIA/Wealth | 0.88% $4.0M |
Acorns Advisers, LLC RIA/Wealth | 0.74% $90.1M |
VISION FINANCIAL MARKETS LLC RIA/Wealth | 0.43% $507.2K |
T TCFG WEALTH MANAGEMENT, LLC Institution | 0.42% $1.1M |
 Cannon Advisors, Inc. RIA/Wealth | 0.37% $549.1K |
Hedge Fund Spotlight
Discover hedge funds investing in BITO
RENAISSANCE TECHNOLOGIES LLC
Hedge Fund • Quant
Portfolio ManagerPeter Fitzhugh Brown
- Portfolio Value
- $75.8B
- Positions
- 3,419
- Last Reported
- Q3 2025
Sector Allocation
Position in ProShares Bitcoin Strategy
- Market Value
- $4.8M
- Shares Held
- 242.3K
- Portfolio Weight
- 0.01%
- Owned Since
- 2024-Q4
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Software - Infrastructure Technology | $1.6B | 2.06% | |
Semiconductors Technology | $1.1B | 1.39% | |
Electronic Gaming & Multimedia Technology | $953.5M | 1.26% |
