Leveraged Bitcoin Bulls Tap the Brakes as BITX Sees Sharp Outflow
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The 2x Bitcoin Strategy ETF, BITX, faced a notable reversal in investor sentiment on January 15, 2026, as it recorded outflows of $23,988,230. The withdrawal, while just 1.37% of the fund’s latest $1.75 billion in assets under management (AUM), signals a cautious turn among traders who had been using the leveraged product to amplify exposure to Bitcoin’s price swings.
This pullback comes as the related asset, BTC-USD, trades around $95,571.98. Over the past three months, Bitcoin has slid roughly 11.9%, a meaningful correction that likely prompted some leveraged investors to de-risk or lock in gains after a volatile stretch. Despite that medium-term decline, the coin’s 1-day technical outlook is flashing a bullish bias, with a signal of BuyYour, hinting at short-term momentum that contrasts with recent price pressure.
For BITX, the latest outflow may reflect more of a tactical repositioning than a structural loss of confidence. Leveraged ETFs tend to attract fast-moving capital, and even relatively modest price swings in Bitcoin can trigger outsized adjustments in exposure. With Bitcoin consolidating below recent highs and technical signals starting to stabilize, some traders may be stepping aside temporarily while others wait for clearer confirmation of the next major trend.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.