Leverage Lovers Double Down: 2x Bitcoin Strategy ETF Sees Fresh Inflows Despite Price Slump
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The 2x Bitcoin Strategy ETF, BITX, attracted a hefty $34.24 million in new money on January 21, 2026, even as its underlying asset continues to struggle. The latest daily inflow amounts to roughly 2.32% of the fund’s $1.48 billion in assets under management (AUM), a sizable vote of confidence in a product that amplifies Bitcoin’s moves at a time of elevated volatility.
The related asset, BTC-USD, is currently trading around $89,911.24, down about 17% over the past three months. Technically, the picture looks fragile, with a 1-day signal flashing Strong Sell, underscoring persistent downside pressure and cautious short-term sentiment.
Yet the sizeable inflow into BITX suggests a cohort of traders is leaning into the weakness, using leverage to position for a potential rebound or to tactically trade intraday swings. With more than $1.4 billion now parked in the fund, the latest flow shows that risk appetite in the leveraged Bitcoin space remains alive, even as spot prices retreat and technical indicators warn of further turbulence.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.