2x Bitcoin Strategy ETF

BITX

Market cap $2.45B

Overview Fund Activity

57.58 USD

-1.28

2.17%

At close Updated Sep 17, 4:00 PM EDT

Pre-market

After hours

59.40

+1.82

3.16%

1 day

-2.17%

5 days

2.86%

1 month

-4.59%

3 months

10.65%

6 months

50.1%

Year to date

2.04%

1 year

118.85%

5 years

272.45%

10 years

272.45%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

110% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 10

48% more capital invested

Capital invested by funds: $68.7M [Q1] → $102M (+$33.2M) [Q2]

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

27% more call options, than puts

Call options by funds: $339M | Put options by funds: $267M

11% more funds holding

Funds holding: 46 [Q1] → 51 (+5) [Q2]

0.04% more ownership

Funds ownership: 3.57% [Q1] → 3.62% (+0.04%) [Q2]

See Fund Rankings

Financial journalist opinion

BITX Is The Popular Leveraged Strategy On The Block

BITX offers 2x daily bitcoin exposure, appealing to active traders but unsuitable for long-term investors due to compounding risk and value decay. The ETF is highly liquid with strong trading volumes, but its 2.38% expense ratio is significantly higher than peers, impacting overall returns. Leveraged structure and daily resets mean performance can deviate from the 2x target over longer holding periods, especially in volatile or trending bitcoin markets.

BITX Is The Popular Leveraged Strategy On The Block

CNBC Television

What Baron Capital's newest ETFs say about interest in active investing

Dave Nadig, Nadig.com independent ETF expert, joins CNBC's Frank Holland on ‘Halftime Report' to discuss Baron Capital's entrance into the ETF market and why going active could work for the firm.

What Baron Capital's newest ETFs say about interest in active investing

CNBC Television

Expect boatload of crypto ETFs to hit the market soon, says NovaDius' Nate Geraci

A wave of crypto ETF filings is hitting the market as exchanges push for streamlined approval standards. Nate Geraci of NovaDius Wealth Management and Matt Kennedy of Renaissance Capital explain how regulatory tailwinds and record inflows into bitcoin and ether funds are driving momentum.

Expect boatload of crypto ETFs to hit the market soon, says NovaDius' Nate Geraci

Top Performing Leveraged/Inverse ETFs: 07/13/2025

Top Performing Leveraged/Inverse ETFs Last Week 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: 07/13/2025

Zacks Investment Research

Capitalize on Bitcoin's Bull Run With Leveraged ETFs in Crypto Week

Bitcoin tops $120K as institutional inflows surge. Leveraged ETFs like BITX and BITU offer a high-risk, high-reward play.

Capitalize on Bitcoin's Bull Run With Leveraged ETFs in Crypto Week

Top Performing Leveraged/Inverse ETFs: 05/11/2025

Top Performing Leveraged/Inverse ETFs Last Week 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: 05/11/2025

Embracing Market Volatility With Leveraged ETFs

Since Liberation Day, the market has made many moves in both directions. While many investors have focused on hedging volatility, a handful of investors have used this is as opportunity to take advantage of any directional movement — whether up or down — by using leveraged ETFs.

Embracing Market Volatility With Leveraged ETFs

BITX: 2x Bitcoin Strategy ETF, Lagging Upside Returns Could Spell Disaster On Downside

Volatility Shares 2x Bitcoin Strategy ETF has underperformed bullish expectations, with a -12.3% total return loss over the last 12 months vs. Bitcoin's +25.6% gain. The ETF's poor performance is primarily due to expensive futures contracts and high holding costs, creating significant value decay on top of compounding issues. For long-term Bitcoin investment, direct ownership is recommended over BITX. Keep it simple, with negligible holding and trading expenses.

BITX: 2x Bitcoin Strategy ETF, Lagging Upside Returns Could Spell Disaster On Downside

A Less Risky Strategy That Profits From Volatility In Bitcoin

Leveraged ETFs suffer from volatility drag, causing them to underperform their benchmarks, which can be exploited by shorting leveraged ETFs while buying the underlying asset. Backtesting since July 2023 shows a strategy of 67% BTC and 33% short BITX yielding a 34.03% annualized return with lower drawdowns. Adjusting the allocation to 75% BTC and 25% short BITX increases annualized returns to 45.73%, but with tail risk.

A Less Risky Strategy That Profits From Volatility In Bitcoin

Top Performing Leveraged/Inverse ETFs: 01/19/2025

Top Performing Levered/Inverse ETFs Last Week 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: 01/19/2025

See News Rankings

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