Volatility Shares 2x Bitcoin Strategy ETF (BITX)

Volatility Shares Spot

About Volatility Shares 2x Bitcoin Strategy ETF

Volatility Shares 2x Bitcoin Strategy ETF is a Bitcoin exchange-traded fund providing investors with exposure to Bitcoin.

Volatility Shares 2x Bitcoin Strategy ETF Fund Details

Expense Ratio
1.85%

About The Fund

Overview
The 2x Bitcoin Strategy ETF (BITX) is a U.S.-based exchange-traded fund managed by Volatility Shares, designed to provide 2x daily leveraged exposure to Bitcoin's price movements.
Investment Focus
Seeks to achieve twice the daily performance of the S&P CME Bitcoin Futures Daily Roll Index, using Bitcoin futures contracts rather than direct Bitcoin investment.
Accessibility
Trades on the CBOE BZX Exchange under the ticker BITX, accessible through U.S. brokerage accounts, but not specifically noted for TFSA or RRSP eligibility due to its U.S. domicile.
Performance
Specific performance data for BITX is unavailable in provided sources, but its leveraged structure amplifies Bitcoin’s daily price movements, potentially leading to significant gains or losses.
Risk Profile
High-risk due to Bitcoin’s volatility and 2x leverage, suitable only for sophisticated investors with high risk tolerance and understanding of leveraged ETFs.
Management and Fees
Actively managed to meet daily performance targets, incurring management fees and expenses; investors should review the prospectus for detailed costs and risks.

Volatility Shares 2x Bitcoin Strategy ETF Information

Ticker SymbolBITX
IssuerVolatility Shares
Expense Ratio1.85%
Fund TypeSpot
Custodian U.S. Bank N.A.
Bitcoin Only✓ Yes
Fund Inception2023-06-27
RegulatorU.S. Securities and Exchange Commission (SEC)

Investment Strategy

Leveraged Bitcoin

Market Performance

YTD Return
-37.05%
1 Year Return
-66.45%
Avg Volume
11,006,655
📄 View Fund Prospectus

About Volatility Shares

Background
Volatility Shares is a specialized ETF issuer focused on volatility and leveraged products.
Bitcoin ETFs
Launched the Volatility Shares 2x Bitcoin Strategy ETF (BITX), one of the first leveraged Bitcoin futures ETFs in the U.S.
Strategy
Uses Bitcoin futures contracts to deliver 2x daily leveraged returns, designed for sophisticated traders.
Risk
Leveraged products carry additional risk from daily rebalancing and compounding effects — intended for short-term trading, not long-term holding.
Regulation
SEC-registered and trades on major U.S. exchanges.

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