Leveraged Bitcoin ETF Sees Multi-Million Outflow as Traders Step Off the Gas
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The 2x Bitcoin Strategy ETF, BITX, recorded net outflows of $2,681,766 on January 08, 2026, a modest but notable pullback equal to about 0.18% of its latest $1.53 billion in assets under management (AUM). While the percentage move is small, the dollar amount underscores how quickly capital can rotate in and out of leveraged crypto products as sentiment around Bitcoin’s trajectory turns more cautious.
The related asset, BTC-USD, is currently trading at $90,234.03, down roughly 25.5% over the past three months. Despite that sizeable drawdown, the 1-day technical outlook remains muted, with a Hold signal rather than a clear bullish or bearish call. This combination of recent price weakness and neutral near-term momentum helps explain why some investors may be locking in profits or cutting exposure in a leveraged vehicle like BITX, which magnifies daily Bitcoin moves and, by extension, volatility.
Flows of this size are far from a wholesale exodus, but they do highlight a cooling in risk appetite after a sharp run-up earlier in the cycle. With Bitcoin struggling to reclaim recent highs and technicals offering little conviction, short-term traders appear more inclined to trim leverage than to double down. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.