2x Bitcoin Strategy ETF
BITX

$38.58

10.45%

Market Cap: 1.9B

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1,122% more capital invested

Capital invested by funds: $12.6M [Q4 2023] → $154M (+$141M) [Q1 2024]

567% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 3

500% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 5 (+5) [Q1 2024]

167% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 3

113% more funds holding

Funds holding: 15 [Q4 2023] → 32 (+17) [Q1 2024]

2.78% more ownership

Funds ownership: 7.45% [Q4 2023] → 10.24% (+2.78%) [Q1 2024]

38% less call options, than puts

Call options by funds: $39.2M | Put options by funds: $63.1M

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Research analyst outlook

We haven’t received any recent analyst ratings for BITX.

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Financial journalist opinion

Top Performing Leveraged/Inverse ETFs: 07/21/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 07/21/2024

Zacks Investment Research

5 Best-Performing Leveraged ETFs of 1H

We highlight a bunch of the best-performing leveraged equity ETFs from different corners of the market that are leaders in their segments for the first half.

5 Best-Performing Leveraged ETFs of 1H

Why BITX Falls Short: A Sell Recommendation Based On Risk, Cost, And Performance Analysis

BITX aims to provide investors with 2x the daily performance of Bitcoin futures through leveraged exposure, making it suitable for short-term trading but risky due to potential losses. Its 1.85% expense ratio and high risk underscore the need for active management and monitoring. Complexities, costs, and the BITX risk profile suggest alternative investments like MSTR or spot ETFs such as GBTC offer better long-term investments.

Why BITX Falls Short: A Sell Recommendation Based On Risk, Cost, And Performance Analysis

Top 10 Most Shorted ETFs Still Attract Inflows

Over the last month, the top ten most shorted ETFs have attracted Inflows of $5.6B. As equity markets in the US continue to set record highs, investors appear to expect the bull market to continue. ETF flow data and securities finance short interest data remain key to understanding investor behavior.

Top 10 Most Shorted ETFs Still Attract Inflows

Top Performing Leveraged/Inverse ETFs: 05/19/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 05/19/2024

Zacks Investment Research

Best Leveraged ETFs of Last Week

Wall Street was upbeat last week. The rally came after the release of weaker-than-expected inflation data, which raised hopes of a sooner-than-expected Fed rate cut.

Best Leveraged ETFs of Last Week

Top Performing Leveraged/Inverse ETFs: 03/31/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 03/31/2024

Zacks Investment Research

Best Inverse/Leveraged ETF Areas of Last Week

Wall Street displayed a mixed performance last week.

Best Inverse/Leveraged ETF Areas of Last Week

Zacks Investment Research

5 Best Leveraged ETFs of the First Quarter of 2024

U.S. stocks are on track to post strong gains for the first quarter. Fed rate cut bets, stronger earnings, and the continued AI boom continue to fuel the rally in the stock market.

5 Best Leveraged ETFs of the First Quarter of 2024

Zacks Investment Research

5 Top-Performing Leveraged ETFs of March

The U.S. stock market is on track for its fifth consecutive month of gains, with the major bourses reaching a new all-time high last week.

5 Top-Performing Leveraged ETFs of March

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