BITX 2x Bitcoin Strategy ETF

It’s important to note that this leverage is designed for daily price movements and may not provide the same 2x return over longer periods. The Fund has a single day investment objective, and the Fund’s performance for any other period is the result of its return for each day compounded over the period. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.

BitX Announces Successful Deployment in Kazakhstan During Binance Live AMA Accelerating Global Mining Efficiency

• Additionally, Bitcoin futures come with their own risks, such as tracking errors in ETFs that hold them, liquidity issues, and potential difficulty in closing positions.
• I have learned so much from Anka’s Futures Course and her trading room where we trade the power hour in the market.
• She covers so many nuances that I have not heard anyone else teach.
• Trade Out Loud is the most comprehensive trader education program for futures traders that I have seen.
• With a clear and structured global rollout roadmap, BitX aims to build a distributed, AI-powered mining network, enabling mining productivity in every region to be maximized through technology.

The education was taught in a very systematic format that promotes a straightforward approach to trading. The ability to nimbly apply what was taught can seen almost immediately. All retail traders need to take this course if they have a desire to be consistently profitable and competitive in this space. I’ve spent thousands of dollars on trading education over the years, and I’ve easily tried a half dozen trading rooms. I can say without a doubt Anka Metcalf is one of the best instructors out there. She breaks trading down into simple instructions and easy to follow processes.She combines her simple, clear approach to trading with passion for the subject and genuine, heartfelt care for her students.

As BitX accelerates its global expansion, the Bitcoin mining industry is set to enter a new era—where efficiency becomes the defining metric of success. This milestone not only demonstrates the commercial viability of BitX’s core technology but also signals a turning point in what many are calling a global “mining efficiency revolution.” Accelerate the mining efficiency of global large scale mining farms and share the $BTC mining output. Bit-X cutting-edge technology optimize mining algorithms by enhancing hash rate efficiency, reducing redundant hash computations, and improving overall block discovery performance. Explore the evolving landscape of cryptocurrency, including potential futures, regulatory challenges, and investment implications. Crypto, a volatile investment; index funds, a stable, long-term play.

It does so by investing in cash-settled Bitcoin futures contracts and bitx anka rolling them forward as they approach expiration. The fund is designed as a short-term trading tool and isn’t an ETF for long-term investors. Investing involves risk; Principal loss is possible. The Fund presents different risks from other funds, may only be suitable for knowledgeable investors who understand the consequences of seeking daily (2x) investment results, including the impact of compounding on Fund performance. Investors in the Fund should actively manage and monitor their investments, as frequently as daily. An investor in the Fund could potentially lose the full value of their investment within a single day.

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Strongly recommend to anyone interested in trading (The best profession!) Trade Out Loud is the most comprehensive trader education program for futures traders that I have seen. Anka Metcalf teaches the course live, providing lots of opportunities to get answers to all your trading questions. I have learned so much from Anka’s Futures Course and her trading room where we trade the power hour in the market. She covers so many nuances that I have not heard anyone else teach.

Each class is an invaluable resource, and I learn something new every time.If you haven’t taken these classes, what are you waiting for? Get signed up, join the futures trading room as well, and take your trading to the next level. Been trading with Anka for just over a week now and I cab tell you she is the real deal. So many room operators don’t put the accurate information in the performance tally, buat Anka does. Amazing experience to be able to trade with real time together with mentor Anka and all competence traders in the trading room. I like that fact that repeats and updates of the Power Futures course are included with the initial purchase.

I was very nervous when starting this due to the volatile markets, however, once I joined Anka’s daily trading rooms, I discovered how useful and amazingly she does her trading. She answered every questions in the trade room and on email as well that I asked. She further explained all her trades on where she’s taking them, their target numbers and the duration of the trade. When the market was not co-operating well to put in a trade, she didn’t call it a day but rather explained long term targets and evaluated the market for future trades instead.

Performance Overview: BITX

The 2X Bitcoin Strategy ETF applies these concepts to Bitcoin f… Over the last month, the top ten most shorted ETFs have attracted Inflows of $5.6B. As equity markets in the US continue to set record highs, investors appear to expect the bull market to continue. Bitcoin’s long-term potential is driven by unstable modern monetary policies, making it a strong hedge against fiat currency weaknesses. The 2x Bitcoin Strategy ETF is highly volatile and risky due to… The value of an investment in the Fund could decline significantly and without warning, including to zero.

Net Assets

As contracts near expiration, the fund replaces expiring contracts with the next month’s contracts. This means that if Bitcoin goes up 10%, BITX aims to go up 20%. If Bitcoin’s price falls 10%, BITX drops 20% — but only for a single day.

• The Fund presents different risks from other funds, may only be suitable for knowledgeable investors who understand the consequences of seeking daily (2x) investment results, including the impact of compounding on Fund performance.
• The value of an investment in the Fund could decline significantly and without warning, including to zero.
• This milestone not only demonstrates the commercial viability of BitX’s core technology but also signals a turning point in what many are calling a global “mining efficiency revolution.”
• Launched in June 2023, the 2x Bitcoin Strategy ETF seeks to achieve twice (2x) the daily performance of the CME Bitcoin Futures Daily Roll Index.
• The ability to nimbly apply what was taught can seen almost immediately.

She absolutely wants her students to be successful, and she bends over backwards to help. She’s truly an amazing person.I’ve taken then Technical Analysis Mastery class and the Power Income Futures Day Trading class. They’re both excellent, and I’ve attended and re-watched both multiple times.

BITX was launched on Jun 27, 2023 and is issued by Volatility Shares. The market for the bitcoin futures contracts is still developing and may be subject to periods of illiquidity. Bitcoin and bitcoin futures are relatively new investments. They are subject to unique and substantial risks, and historically, have been subject to significant price volatility.

As a result, the 2x Bitcoin Strategy ETF is highly volatile. The fund is intended for short-term trading rather than investors who hold investments for extended periods. The compounding effect of daily leverage can amplify gains and losses, potentially leading to significant losses over time. Bitcoin futures are derivatives that allow investors to speculate on Bitcoin’s price without owning the cryptocurrency.

The ETF primarily invests in cash-settled Bitcoin futures contracts, which are derivatives that represent the price of Bitcoin at a future date. The fund is not diversified, focusing primarily on Bitcoin futures. The 2x Bitcoin Strategy ETF seeks to deliver two times the daily performance of the Bitcoin futures index, meaning its gains and losses are magnified. The fund’s performance is reset each day; it doesn’t track the cumulative performance of Bitcoin over a longer period. Additionally, Bitcoin futures come with their own risks, such as tracking errors in ETFs that hold them, liquidity issues, and potential difficulty in closing positions. This ETF is specifically intended for those focused on short-term gains and shouldn’t be considered a buy-and-hold investment.

What is 2x Bitcoin Strategy ETF’s expense ratio?

BitX is a technology-driven provider of Bitcoin mining solutions, co-founded by CEO Brian Ashe and CTO Alexander, with CMO Ricky leading global community and marketing strategies. Its core product, the Bit-X V2 Accelerator, has been successfully deployed across Central Asia, North America, and Southeast Asia, aiming to build an open, efficient, and shared Mining 3.0 ecosystem. While the global mining industry continues its tug-of-war over hardware upgrades and energy prices, BitX has already achieved a technological breakthrough — quickly becoming one of the most-watched disruptors in the mining space this year.

Instead, the Fund seeks to benefit from increases in the price of Bitcoin Futures Contracts for a single day. The 2x Bitcoin Strategy ETF aims to provide twice the daily performance of Bitcoin futures, but it is a short-term trading tool, not a long-term investment. The ETF’s daily rebalancing process is designed to maintain this 2x exposure, but it also comes with significant risk. BITX aims to provide investors with 2x the daily performance of Bitcoin futures through leveraged exposure, making it suitable for short-term trading but risky due to potential losses. BITX offers 2x daily bitcoin exposure, appealing to active traders but unsuitable for long-term investors due to compounding risk and value decay.

It was absolutely lovely being with her and will definitely recommend her services to all of you. For investors who understand the risks of leverage and high volatility and want to put cash to work in a short-term trading tool, perhaps this ETF is one to consider. However, investors seeking long-term capital appreciation or those who are risk-averse may do well to consider other sectors or investments to put their capital to work.

The 2x Bitcoin Strategy ETF is classified as a non-diversified fund, meaning it can concentrate a large portion of its assets in Bitcoin futures. Unlike many ETFs, it doesn’t need to spread investments broadly across many asset types. Contango and backwardation are important concepts for commodity traders, reflecting price differences for delivery in different periods.