Leveraged Bitcoin Bulls Hit the Brakes as 2x Strategy ETF Sees Outflows
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The 2x Bitcoin Strategy ETF, ticker BITX, recorded net outflows of $2,020,543 on January 22, 2026, a notable pullback for one of the more aggressive vehicles tied to Bitcoin’s price. With assets under management now standing at roughly $1.49 billion, the latest redemption wave represents about 0.14% of total AUM, suggesting investors are trimming risk rather than staging a full-scale exit.
The related asset, BTC-USD, is currently trading at $89,457.73, extending a difficult quarter in which it has fallen around 19.33% over the past three months. Short-term momentum remains fragile, with the one-day technical signal flashing Strong Sell, a backdrop that helps explain why leveraged long exposure via BITX is coming under pressure.
The modest scale of the outflows relative to AUM indicates that, while sentiment around Bitcoin has clearly cooled, many investors are still content to ride out the volatility rather than unwind positions wholesale. However, continued price weakness or a sustained “risk-off” tone in broader markets could prompt further de-risking in leveraged Bitcoin products, where daily swings are magnified and positioning tends to be more tactical.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.