Bitcoin Bulls Tap the Brakes: Leveraged BITX ETF Sees Outflows as Price Slump Deepens
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The 2x Bitcoin Strategy ETF, BITX, recorded net outflows of $2,681,766 on January 08, 2026, a modest but notable pullback for the leveraged crypto vehicle. With assets under management now standing at approximately $1.53 billion, the latest redemption represents about 0.18% of the fund’s AUM, signaling measured de-risking rather than a wholesale exit by investors.
The related asset, BTC-USD, is currently trading at $90,635.99, down roughly 19.7% over the past three months. The near-term backdrop is further clouded by a 1-day technical signal flashing Sell, underscoring a shift in momentum that appears to be feeding directly into flows for leveraged Bitcoin products like BITX.
Given the fund’s 2x exposure, even relatively contained moves in spot Bitcoin can translate into amplified volatility for investors, making sentiment highly sensitive to short-term technical signals. The recent outflows suggest traders are trimming risk as Bitcoin’s corrective phase stretches on, but the scale of withdrawals so far indicates that speculative interest in leveraged exposure remains intact, albeit more cautious.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.