2x Bitcoin Strategy ETF

BITX

Market cap $824M

In the past two days, bitcoin's highest conviction holders have sold about $2.4 billion in bitcoin. Of the bitcoin sold in the past 30 days, 26% came from investors who bought it above $90,000.

Bitcoin gained 12.7% in April, registering back-to-back monthly gains and its best month since April 2025. The run was driven by leveraged trading activity in the derivatives market while demand for the spot bitcoin contracted, signaling weakness in the rally, according to CryptoQuant.

Bitcoin spot ETFs lost over $6 billion in net outflows between November 2025 and February 2026 as Bitcoin ( CRYPTO: BTC ) crashed from its $126,000 all-time high.

GraniteShares' 3x Long and 3x Short XRP ETFs were supposed to launch on NASDAQ today, April 23.

Monthly pay dividend equities offer high yields and potential gains, with the top ten broker-estimated MoPay stocks projected to net 27.10%–65.84% by 2027. BCP Investment Corp (BCIC), CION Investment Corp (CION), and Dynex Capital (DX) stand out for both yield and upside, with CION forecasted to deliver a 45.69% net gain. Thirty 'IDEAL' MoPay equities are highlighted for safer dividends, combining positive one-year returns, free-cash-flow yields above dividend yields, and dividends from $1K invested exceeding share price.

Bitcoin is sitting near $71,000 after a rough start to 2026, down roughly 19% year to date.

While the S&P 500 has dropped roughly 2.5% over the past month and the VIX has surged 53% in a single month to signal elevated market stress, Bitcoin has quietly moved in the opposite direction.

The Direxion Daily Aerospace & Defense Bull 3X Shares ( NYSEARCA:DFEN ) is a leveraged ETF designed to amplify daily moves in the aerospace and defense sector by 3x.

Leveraged ETFs bring even more risk to volatile assets like crypto.

Volatility Shares' 2x Bitcoin Strategy ETF offers leveraged exposure to Bitcoin but has underperformed its 2x target during recent declines. BITX is best suited for experienced traders seeking short-term tactical moves, not for long-term investors, due to high fees and inherent risks. Bitcoin's technical charts suggest a possible short-term relief rally provided BTC reclaims key support levels that are well within reach.