Shares of ProShares Ultra Bitcoin ETF (NYSEARCA:BITU – Get Free Report) dropped 10.5% on Thursday . ProShares Ultra Bitcoin ETF Price PerformanceThe company’s 50-day moving average price is $26.32 and its two-hundred day moving average price is $43.45. Get ProShares Ultra Bitcoin ETF alerts:Institutional Investors Weigh In On ProShares Ultra Bitcoin ETFInstitutional investors and hedge funds have recently made changes to their positions in the company. ProShares Ultra Bitcoin ETF Company ProfileThe ProShares UltraBitcoin ETF (BITU) is an exchange-traded fund that is based on the Bloomberg Bitcoin index. See AlsoReceive News & Ratings for ProShares Ultra Bitcoin ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Bitcoin ETF and related companies with MarketBeat.com's FREE daily email newsletter.