Leveraged Bitcoin Bulls Hit the Brakes as 2x Bitcoin Strategy ETF Sees Year-End Outflows
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The 2x Bitcoin Strategy ETF, BITX, closed out the year with a notable wave of redemptions, logging outflows of $22.95 million on December 31, 2025. The move trimmed a slice off the leveraged fund’s sizable footprint, with total assets under management standing at roughly $1.44 billion. The latest withdrawal represents about 1.59% of AUM, a meaningful but not destabilizing shift for a product designed to amplify Bitcoin’s daily moves.
The outflows come against a backdrop of sustained weakness in the underlying asset. The related asset, BTC-USD, is currently trading around $89,390.02, down approximately 27.25% over the past three months as speculative excess has been wrung out of the market following earlier record highs. Yet, in a reminder of how quickly sentiment can pivot in crypto, the short-term picture looks more constructive, with the one-day technical signal flashing a cautious bullish cue at Buy.
For BITX, which seeks to deliver twice the daily performance of Bitcoin futures, the latest redemptions suggest that some traders may be de-risking leveraged bets after a bruising quarter, locking in losses or reallocating to less volatile exposures. Still, with over $1.4 billion in AUM and a technical rebound signal emerging in Bitcoin itself, the ETF remains a key vehicle for those willing to lean into the next leg of volatility rather than retreat from it.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.