Volatility Shares Trust 2x Bitcoin Strategy ETFVolatility Shares Trust 2x Bitcoin Strategy ETFVolatility Shares Trust 2x Bitcoin Strategy ETF

Volatility Shares Trust 2x Bitcoin Strategy ETF

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Key stats


Assets under management (AUM)
‪3.01 B‬USD
Fund flows (1Y)
‪415.29 M‬USD
Dividend yield (indicated)
11.72%
Discount/Premium to NAV
0.02%
Shares outstanding
‪54.39 M‬
Expense ratio
1.90%

About Volatility Shares Trust 2x Bitcoin Strategy ETF


Issuer
Corpus Partners LLC
Brand
Volatility Shares
Inception date
Jun 27, 2023
Structure
Open-Ended Fund
Index tracked
BTC/USD Exchange Rate - USD - Benchmark Price Return
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Volatility Shares LLC
Distributor
Foreside Fund Services LLC
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.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short USD
Niche
Derivative
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash323.29%
Mutual fund96.34%
Miscellaneous−319.63%
Top 10 holdings

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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to BITX via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BITX trades at 52.81 USD today, its price has fallen −2.06% in the past 24 hours. Track more dynamics on BITX price chart.
BITX net asset value is 53.91 today — it's risen 20.08% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BITX assets under management is ‪3.01 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BITX price has risen by 18.38% over the last month, and its yearly performance shows a 19.83% increase. See more dynamics on BITX price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 20.08% over the last month, showed a 42.10% increase in three-month performance and has increased by 42.82% in a year.
BITX fund flows account for ‪415.29 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BITX invests in cash. See more details in our Analysis section.
BITX expense ratio is 1.90%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, BITX is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BITX technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BITX shows the strong buy signal. See more of BITX technicals for a more comprehensive analysis.
Yes, BITX pays dividends to its holders with the dividend yield of 11.72%.
BITX trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BITX shares are issued by Corpus Partners LLC
BITX follows the BTC/USD Exchange Rate - USD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 27, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.