Bitcoin Leverage Trade Cools as BITX Sees Outflow Ahead of Spring Rally Hopes
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The 2x Bitcoin Strategy ETF, BITX, recorded net outflows of $1,750,375 on March 23, 2026, trimming risk exposure among leveraged Bitcoin traders. With assets under management at $998.5 million, the move represents roughly 0.18% of AUM, a modest but notable pullback in a product designed to amplify crypto price swings.
The related asset, BTC-USD, is currently trading at $71,276.95 after a volatile quarter that left it down about 19.74% over the last three months. Short-term momentum remains fragile, with the 1-day technical signal flashing Sell, underscoring why some leveraged ETF investors may be locking in gains or cutting exposure.
Despite the latest outflow, BITX’s near-$1 billion AUM base suggests continued appetite for leveraged Bitcoin strategies, even as traders recalibrate positions in response to technical weakness. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.