Leverage Lovers Pile Back In as 2x Bitcoin Strategy ETF Draws Fresh Cash
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The 2x Bitcoin Strategy ETF, BITX, attracted $33.67 million in new money on February 06, 2026, marking a sizable inflow for the leveraged Bitcoin vehicle. With assets under management now at roughly $798.1 million, the latest move represents about 4.2% of the fund’s total capital, underscoring renewed risk appetite among short-term traders.
The related asset, BTC-USD, is currently trading at $69,106.73 after a bruising three-month slide of about 33.1%, a backdrop that makes the inflow into a 2x product particularly striking. Despite the downturn, the one-day technical signal on Bitcoin flashes Sell, highlighting the tension between tactical dip buyers in derivatives and still-cautious spot-market signals.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.