Volatility 2X Bitcoin Strategy ETF BITX

$59.28 +6.29 (11.87%)

Valuation

Market cap
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Revenue TTM
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Net income TTM
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P/E (trailing)
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P/E (forward)
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Profit margin
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Debt to equity
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Trading

Volume
8,587,725
Avg volume
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Day's range
$56.87 – $59.63
Shares out
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Stochastic %K
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Beta
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Analysts
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Price target
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Price

Company profile

The fund is an ETF that seeks to achieve its investment objective by investing its assets principally in cash-settled bitcoin futures contracts that trade only on an exchange registered with the Commodity Futures Trading Commission, which currently is the Chicago Mercantile Exchange, and cash,cash-like instruments or high-quality securities that serve as collateral to the fund’s investments in Bitcoin Futures Contrac...

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The fund is an ETF that seeks to achieve its investment objective by investing its assets principally in cash-settled bitcoin futures contracts that trade only on an exchange registered with the Commodity Futures Trading Commission, which currently is the Chicago Mercantile Exchange, and cash,cash-like instruments or high-quality securities that serve as collateral to the fund’s investments in Bitcoin Futures Contracts. The fund is non-diversified.

Stocktwits

StocktwitsNews Nov 1, 12:18 PM
Benjamin Cowen Warns Silver’s 60% Crash May Be A ‘Warning Sign’ For BTC — And The Bottom May Not Be In Yet $BTC.X $ARKB $BITX $BTCI $IBIT https://stocktwits.com/news/cryptocurrency/markets/benjamin-cowen-warns-silver-60-crash-bitcoin-bottom-may-not-be-in-yet/cNGeYaXR92R
0 replies
StocktwitsNews Oct 31, 4:49 PM
Bitcoin Looks Like A 'Relative Dud' Against Gold And US Treasuries, Says Bloomberg's Mike McGlone $BTC.X $BTCI $BITX $NCIQ $BTCW https://stocktwits.com/news/cryptocurrency/markets/bitcoin-looks-like-a-relative-dud-against-gold-and-treasuries/cZU1EOgR9cv
2 replies
Pump_n_Dump_7 Oct 30, 4:28 PM
$BITX hope it drops to $11
0 replies
Techdamentals Oct 30, 12:56 PM
$BITX This ETF targets twice bitcoin's daily return, giving leveraged exposure to the same asset Strategy holds, 848,517 coins, without Strategy's preferred stock, convertible debt or share-dilution dynamics layered on top. Because it resets daily, its longer-term return can differ meaningfully from simply doubling bitcoin's move over that period, a mechanical feature of how daily-reset leveraged funds are built. Strategy's BTC Yield, its own measure of bitcoin per share, read negative 3.7% this year, a dilution effect that has no equivalent in a fund that scales directly with the bitcoin price rather than a company's share count. Full explainer, plain English: https://youtu.be/KihM8vYe-oo Educational, not advice. https://techdamentals.com/newsletter/is-microstrategy-worth-more-than-its-bitcoin?ref=st
0 replies
WallStJesus Oct 29, 5:10 PM 0 replies
Themadogtrader Oct 27, 7:26 PM
$BITX $MSTR Too much dilution on MSTR  Up over 1% vs .2
1 replies
Themadogtrader Oct 26, 11:26 PM
$BTC.X $BTC.X $MSTR $IBIT $ASST $BITX BREAKING!! Institutions are accumulating. Last night I was pounding over the strong sell/bid walls, the strongest I've seen in months there holding it here while they steel your coins BUY THE DIP!!! https://www.youtube.com/watch?v=feueQwy0MMY
1 replies
Themadogtrader Oct 26, 7:34 PM
$BITX $MSTR Tell me what’s better?
0 replies