Leveraged Bitcoin Bulls Hit the Brakes as BITX Sees Nearly $16M Walk Out the Door
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The 2x Bitcoin Strategy ETF, BITX, recorded a sharp reversal of investor appetite on January 16, 2026, with outflows totaling $16.22 million. The move, while less than 1% of the fund’s size, still represents a notable shift in sentiment toward leveraged Bitcoin exposure. BITX’s assets under management stand at about $1.64 billion, meaning the latest redemption wave accounts for roughly 0.99% of its AUM.
Such withdrawals suggest some traders are locking in profits or de-risking after a volatile stretch in the underlying crypto market. Leveraged products like BITX tend to attract short-term, tactical money that can pivot quickly as momentum or macro signals change, magnifying both inflows and outflows even when the percentage of AUM appears modest.
The related asset, BTC-USD, is currently trading around $95,188.23, having slipped roughly 11% over the past three months. Despite that medium-term pullback, short-term indicators are turning more constructive, with the 1-day technical stance flashing a Buy signal. That divergence—near-term technical optimism versus recent price weakness—may be prompting some leveraged ETF holders to reassess positioning, shifting from amplified exposure in BITX to more direct or less volatile vehicles.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.