2x Bitcoin Strategy ETF

Price: $36.69
Change: $3.21 (-0.08%)
Category: Leveraged Currency
Last Updated:


Structure ETF
Expense Ratio 1.90%
ETF Home Page Home page
Inception Jun 27, 2023

Analyst Report


Download the FactSet Analyst Insight Report here.

ETF Database Themes

Leveraged 2x
Asset Class Currency
Region (General) Global
Region (Specific) Broad
Currency Cryptocurrency

FactSet Classifications

Segment Leveraged Currency: Long BTC, Short USD
Category Pair
Focus Long BTC, Short USD
Niche Derivative
Strategy Vanilla
Weighting Scheme Single Asset

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $8.75
  • 52 Week Hi $56.95
  • AUM $1,997.3 M
  • Shares 50.2 M

Historical Trading Data

  • 1 Month Avg. Volume 6,569,391
  • 3 Month Avg. Volume 5,552,910

Alternative ETFs in the ETF Database Leveraged Currency Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest ETHT 0.94% $13.9 M N/A N/A
Largest (AUM) BITU 0.95% $393.6 M 912,310 N/A
Most Liquid (Volume) BITI 1.33% $60.3 M 7 M -41.49%
Top YTD Performer YCS 0.95% $41.2 M 22,949 28.97%

Alternative ETFs in the FactSet Leveraged Currency: Long BTC, Short USD Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BITU 0.95% $393.6 M 912,310 N/A
Largest (AUM) BITU 0.95% $393.6 M 912,310 N/A
Most Liquid (Volume) BITU 0.95% $393.6 M 912,310 N/A
Top YTD Performer BTFX 1.85% $34.4 M 62,930 N/A

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

BITX ETF Database Category Average FactSet Segment Average
Number of Holdings 3 1 2
% of Assets in Top 10 100.00% 100.00% 100.00%
% of Assets in Top 15 100.00% 100.00% 100.00%
% of Assets in Top 50 100.00% 100.00% 100.00%

Size Comparison

BITX ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

BITX Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

BITX Dividend

This section compares the dividend yield of this ETF to its peers.

BITX ETF Database Category Average FactSet Segment Average
Dividend $ 0.86 $ 0.11 $ 0.22
Dividend Date 2024-06-25 N/A N/A
Annual Dividend Rate $ 1.83 $ 0.25 $ 0.47
Annual Dividend Yield 4.97% 1.08% 1.28%

BITX Price and Volume Charts

View charts featuring BITX price and volume data.

BITX Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 43.15 M 1 Month Net Flows: 314.44 M 3 Month Net Flows: 509.45 M 6 Month Net Flows: 1.74 B 1 Year Net Flows: 1.88 B 3 Year Net Flows: 1.91 B 5 Year Net Flows: 1.91 B 10 Year Net Flows: 1.91 B

BITX Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 528.91 M
1 Month Net AUM Change: 425.52 M
3 Month Net AUM Change: 599.2 M
6 Month Net AUM Change: 1.73 B
1 Year Net AUM Change: 1.91 B
3 Year Net AUM Change: 1.93 B
5 Year Net AUM Change: 1.93 B
10 Year Net AUM Change: 1.93 B

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for BITX on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Leveraged Currency with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A EUO
Expenses C EUO

A+ Overall Rated ETF:

BITX Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions No distributions
Distributes K1 No
ESG Themes and Scores

BITX does not have an ESG score. There are no ESG themes that map to this ETF.

BITX Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

BITX ETF Database
Category Average
Factset Segment
1 Month Return -0.47% -2.89% -1.27%
3 Month Return -14.76% -5.48% -11.10%
YTD Return 69.09% 3.88% 17.27%
1 Year Return 187.18% 14.44% 46.80%
3 Year Return N/A 0.84% 0.00%
5 Year Return N/A 0.09% 0.00%

Geographic Exposure

The following charts reflect the geographic spread of BITX's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of BITX's underlying holdings.

BITX Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 317.97%
20 Day Volatility 114.42%
50 Day Volatility 103.09%
200 Day Volatility 114.45%
Beta N/A
Standard Deviation 13.32%
5 Day Volatility
1 of 10

20 Day Volatility
3 of 10

50 Day Volatility
2 of 8

200 Day Volatility
1 of 6

No Ranking Available

Standard Deviation
1 of 6


  • 20 Day MA $33.05
  • 60 Day MA $37.62
  • MACD 15 Period 3.76
  • MACD 100 Period -4.26
  • Williams % Range 10 Day 27.86
  • Williams % Range 20 Day 23.66
  • RSI 10 Day 55
  • RSI 20 Day 51
  • RSI 30 Day 50
  • Ultimate Oscillator 62

Bollinger Bands

  • Lower Bollinger (10 Day) $26.95
  • Upper Bollinger (10 Day) $41.60
  • Lower Bollinger (20 Day) $26.24
  • Upper Bollinger (20 Day) $39.87
  • Lower Bollinger (30 Day) $26.30
  • Upper Bollinger (30 Day) $43.82

Support & Resistance

  • Support Level 1 $35.89
  • Support Level 2 $35.08
  • Resistance Level 1 $38.15
  • Resistance Level 2 $39.60


  • Stochastic Oscillator %D (1 Day) 51.16
  • Stochastic Oscillator %D (5 Day) 73.66
  • Stochastic Oscillator %K (1 Day) 56.10
  • Stochastic Oscillator %K (5 Day) 77.04


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) 0.10
  • Maximum Premium Discount (%) 3.26
  • Average Spread (%) 3.05
  • Average Spread ($) 3.05

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

A fact sheet is not available for this ETF. Please visit the BITX ETF home page for more information.

Data Lineage

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