Despite a significant slump in Bitcoin’s price, the ProShares Ultra Bitcoin ETF (BITU) experienced a notable inflow of over $2.4 million in new capital on February 11, 2026. This influx suggests that some speculators are betting on a Bitcoin rebound or are looking to leverage its volatility, even as the cryptocurrency trades well below recent peaks and shows a “Strong Sell” technical signal. The behavior highlights continued risk appetite in the crypto derivatives market amidst a challenging period for Bitcoin.
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Bitcoin Slumps, But Leveraged BITU ETF Draws New Cash as Speculators Bet on a Rebound
Despite a significant slump in Bitcoin’s price, the ProShares Ultra Bitcoin ETF (BITU) experienced a notable inflow of over $2.4 million in new capital on February 11, 2026. This influx suggests that some speculators are betting on a Bitcoin rebound or are looking to leverage its volatility, even as the cryptocurrency trades well below recent peaks and shows a “Strong Sell” technical signal. The behavior highlights continued risk appetite in the crypto derivatives market amidst a challenging period for Bitcoin.