2x Bitcoin ETF
2x Bitcoin ETF price
About 2x Bitcoin ETF
BITX aims to provide 2x daily exposure to bitcoin futures. The fund seeks to track the price movement of bitcoin futures traded on the CME Futures Exchange for a single day. The fund buys cash-settled Bitcoin futures contracts and will roll the contracts on a monthly basis, as they near expiration. The expiring contracts are replaced with the next month contracts. The final trade date each month is the last Friday of the contract month. On day T-2 at market close, the index is 0% in the expiring futures contract and 100% in the next futures contract. Futures contracts can and often do trade in backwardation, meaning the costs of rolling contracts will reduce returns. The index itself is price weighted and does not rebalance. As a result, the return of BITX shares can vary significantly from 2x exposure, if held for longer than a day. As a geared product with daily resets, the fund is designed as a short-term trading tool and not a long-term investment vehicle.
- Stock ticker
- BITX
- Company
- 2x Bitcoin Strategy ETF
- Industry
- Financial Services
- Category
- US
- Stock split / reverse split
- --
- Launch date
- Jun 27, 2023
- Listed exchange
- CBOE
Dividends
2x Bitcoin ETF conversion tables
 |  |
|---|---|
| 0.5 BITX | 9.440 USD |
| 1 BITX | 18.88 USD |
| 5 BITX | 94.4 USD |
| 10 BITX | 188.8 USD |
| |
|---|---|
| 0.5 USD | 0.026483 BITX |
| 1 USD | 0.052966 BITX |
| 5 USD | 0.26483 BITX |
| 10 USD | 0.52966 BITX |
More to explore
FAQ
BITX is trading at $18.88, +0.00% over the last 24 hours. Track live moves on the price chart at the top of this page.
The BITX stock forecast depends on a mix of factors — broader market conditions, sector trends, and company-specific drivers like earnings, product cycles, and macro signals. BITX is currently trading at $18.88, +0.00% over the last 24 hours, which reflects how the market is pricing these factors today. For a longer-term outlook on BITX price action, review the 30-day, 60-day, and 90-day performance shown above, monitor momentum across the Financial Services sector, and watch overall market sentiment. Stock forecasts and price predictions are inherently uncertain — always DYOR.
P/E ratio (Price-to-Earnings, trailing twelve months) measures how much investors pay per dollar of earnings over the last 12 months. BITX's P/E ratio is currently -- — calculated by dividing its share price by its trailing 12-month earnings per share (EPS). A higher P/E suggests investors expect stronger future growth from BITX; a lower P/E may indicate the stock is undervalued or that the market is pricing in a weaker outlook. P/E ratios are most useful when compared against BITX's historical range and other companies in the Financial Services sector.
2x Bitcoin Strategy ETF's market cap is currently 1.41B USD. Market cap is calculated as stock price × total shares outstanding.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning.