Short interest in ProShares Bitcoin ETF (ARCA:BITO) decreased during the last reporting period, falling from 23.34M to 18.17M. This put -% of the company's publicly available shares short.

Based on the recent average volume of 130.05M shares traded per day, it would take 1 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.