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Leveraged Bitcoin ETF BITX Attracts $33.7 Million as Speculators Bet Against the Slump

Leveraged Bitcoin ETF BITX Attracts $33.7 Million as Speculators Bet Against the Slump

Bitcoin-Leveraged BITX Sees Fresh Inflows as Traders Buy the Dip

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The 2x Bitcoin Strategy ETF, BITX, drew $33.7 million of net inflows on February 06, 2026, a notable vote of confidence in a volatile crypto backdrop. With assets under management now at $798.1 million, the latest move represents roughly 4.2% of the fund’s capital base shifting in a single day.

Such a sizable flow suggests leveraged bulls are positioning for a rebound in Bitcoin despite a bruising quarter. The related asset, BTC-USD, is currently trading at $69,535.30, down about 35% over the past three months, underscoring the risk-on nature of these inflows.

Short-term signals remain cautious, with the 1-day technical indicator flashing a Sell for Bitcoin, even as speculative capital flows into BITX. The divergence between ongoing price weakness and renewed ETF demand highlights investors’ willingness to time a potential bottom in the crypto cycle.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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