2x Bitcoin Strategy ETF
Cboe: BITX
Listed June 27, 2023
The 2x Bitcoin Strategy ETF (Ticker: BITX) seeks to provide daily investment results, before fees and expenses, that correspond generally to twice the performance of the S&P CME Bitcoin Futures Daily Roll Index (Ticker: SPBTFDUE) for a single day, not for any other period. The fund does not invest directly in bitcoin. Instead, the Fund seeks to benefit from increases in the price of Bitcoin Futures Contracts for a single day.
The S&P CME Bitcoin Futures Daily Roll Index is designed to measure the performance of the CME Bitcoin Futures market and is rebalanced on a daily basis between the front contract and the next months contract.
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