BITX Offers Leveraged Long Exposure to Cryptocurrency Futures
June 27, 2023 at 12:27 PM EDT
Volatility Shares has launched the 2x Bitcoin Strategy ETF (BITX) on the CBOE BZX Exchange. BITX is the first U.S.-based ETF to offer leveraged long exposure to the cryptocurrency futures market. BITX doesn’t invest directly in bitcoin. Instead, it seeks to benefit from increases in the price of Bitcoin Futures Contracts for a single day. [...] The post BITX Offers Leveraged Long Exposure to Cryptocurrency Futures appeared first on ETF Trends .
