Bitcoin Leverage ETF Sees Sharp Outflow as Volatility Tests Bullish Nerves
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The 2x Bitcoin Strategy ETF, BITX, recorded a sizable single-day outflow of $8.8 million on January 26, 2026, a move that trimmed roughly 0.60% from its latest assets under management (AUM), now standing at about $1.46 billion. While the withdrawal is modest relative to the fund’s overall size, it signals growing investor caution around leveraged Bitcoin exposure after a choppy start to the year.
The related asset, BTC-USD, is currently trading near $89,437, down about 21.5% over the past three months. That drawdown underscores how quickly sentiment has shifted from late-2025 euphoria to early-2026 consolidation, pressuring products that seek to amplify Bitcoin’s daily moves. Short-term momentum is equally fragile: the 1-day technical signal for Bitcoin screens as a Sell, suggesting traders remain wary of further near-term downside.
The latest outflows from BITX may reflect tactical de-risking by short-term speculators rather than a structural retreat from digital assets, but the combination of negative three-month performance and bearish daily signals is clearly cooling appetite for leveraged plays. For now, flows will likely remain highly sensitive to intraday swings in Bitcoin, as investors weigh whether this phase marks a deeper correction or a reset before the next leg higher.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.