2x Bitcoin Strategy ETF (BITX)
| Assets | $2.67B |
| Expense Ratio | 1.90% |
| PE Ratio | n/a |
| Shares Out | 52.76M |
| Dividend (ttm) | $6.76 |
| Dividend Yield | 13.29% |
| Ex-Dividend Date | Apr 28, 2025 |
| Payout Ratio | n/a |
| 1-Year Return | +39.30% |
| Volume | 7,835,530 |
| Open | 53.45 |
| Previous Close | 52.55 |
| Day's Range | 49.94 - 53.92 |
| 52-Week Low | 18.95 |
| 52-Week High | 72.80 |
| Beta | n/a |
| Holdings | 8 |
| Inception Date | Jun 27, 2023 |
About BITX
Fund Home PageThe 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund aims to provide 2x the daily price movements of an index based on rolling front-month CME bitcoin futures. BITX was launched on Jun 27, 2023 and is issued by Volatility Shares.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 28, 2025 | $0.5415 | Apr 29, 2025 |
| Mar 27, 2025 | $0.5319 | Mar 28, 2025 |
| Feb 26, 2025 | $0.0576 | Feb 27, 2025 |
| Jan 29, 2025 | $0.0915 | Jan 30, 2025 |
| Dec 16, 2024 | $0.5768 | Dec 17, 2024 |
| Nov 26, 2024 | $0.609 | Nov 27, 2024 |
News
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 advant...
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 prim...
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 2...
BITX: Not The Best Way To Gain Bitcoin Exposure
The 2x Bitcoin Strategy ETF suffers from significant contango and volatility decay, making it less effective for long-term Bitcoin exposure compared to simpler, low-cost Bitcoin ETFs like IBIT. BITX c...
2x Bitcoin Strategy ETF: A Sophisticated Tool
Bitcoin's long-term potential is driven by unstable modern monetary policies, making it a strong hedge against fiat currency weaknesses. The 2x Bitcoin Strategy ETF is highly volatile and risky due to...
BITX: Rate Cuts Could Disappoint BTC Bulls
Bitcoin's flash-crash in early August was followed by a strong recovery, the 2x leveraged ETF BITX more than doubled Bitcoin's performance over that time. September has historically been a poor month ...
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% expen...
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. ET...
BITX: A Leveraged Instrument With A Twist
Contango and backwardation are important concepts for commodity traders, reflecting price differences for delivery in different periods. The 2X Bitcoin Strategy ETF applies these concepts to Bitcoin f...
Spot bitcoin showdown: the SEC's next move
Spot bitcoin showdown: the SEC's next move.
Here are the top-performing ETFs in first half of 2023 as crypto-related funds soar
Hello! This week's ETF Wrap looks at top performers in the first half of 2023, as well as flows, as stocks rally and crypto-related funds jump so far this year.