Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (NYSEARCA:BTOP) Sees Significant Drop in Short Interest

Posted by Jeff Wilder on Mar 29th, 2026

Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (NYSEARCA:BTOP – Get Free Report) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 925 shares, a drop of 43.3% from the February 26th total of 1,630 shares. Based on an average trading volume of 907 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.6% of the shares of the company are short sold.

Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF Price Performance

Shares of BTOP stock traded down $0.03 during midday trading on Friday, hitting $28.33. The company had a trading volume of 530 shares, compared to its average volume of 1,336. The company’s 50 day simple moving average is $28.45 and its 200 day simple moving average is $31.11. Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF has a 52-week low of $23.40 and a 52-week high of $41.41. The stock has a market cap of $4.25 million, a price-to-earnings ratio of -566.60 and a beta of 2.73.

Hedge Funds Weigh In On Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF

A hedge fund recently bought a new stake in Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF stock. Jane Street Group LLC acquired a new stake in Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF (NYSEARCA:BTOP – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 29,293 shares of the company’s stock, valued at approximately $754,000. Jane Street Group LLC owned 23.43% of Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF as of its most recent filing with the Securities and Exchange Commission.

About Bitwise Trendwise BTC/ETH and Treasuries Rotation Strategy ETF

(Get Free Report)

The Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP) is an exchange-traded fund that mostly invests in long cryptocurrency basket, short usd currency. The fund actively manages an equally weighted portfolio of front-month CME Bitcoin and Ether futures contracts. BTOP was launched on Sep 29, 2023 and is issued by Bitwise.