BitX Exchange News
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2024
Aug / 28 -
2024
Aug / 18
- 2x Bitcoin Strategy ETF (NYSEARCA:BITX) Stock Up 9.8%
- Aug 18, 2024 at 02:46 pm
- The 2x Bitcoin Strategy ETF (BITX) is an exchange-traded fund that is based on the S&P CME Bitcoin Futures Daily Roll index. The fund aims to provide 2x the daily price movements of an index based on rolling front-month CME bitcoin futures. BITX was launched on Jun 27, 2023 and is managed by Volatility Shares.
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2024
Aug / 11 -
2024
Jul / 21 -
2024
Jul / 11 -
2024
Jun / 09 -
2024
Apr / 21
- BITX Soars on Opening Day, Boosted by Institutional Investors
- Apr 21, 2024 at 01:42 pm
- 2x Bitcoin Strategy ETF (BITX) shares surged at the market open on Friday, climbing above $43 amid a spike in volume. The fund, which tracks the price of Bitcoin futures, opened at $42.74 and has since moved higher to trade at $43.04. Institutional investors have been increasing their positions in BITX, with Kingswood Wealth Advisors LLC notably boosting its holdings by over 550% in the first quarter.
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2024
Apr / 03
- Spot Bitcoin ETFs Surge as Investors Seek Direct Crypto Exposure
- Apr 03, 2024 at 04:03 am
- The launch of spot Bitcoin exchange-traded funds (ETFs) continues to gain momentum with Wall Street's latest entries offering leveraged variations. ProShares has introduced ProShares Ultra Bitcoin ETF (BITU) and ProShares UltraShort Bitcoin ETF (SBIT), providing investors with twice the daily performance of Bitcoin and its inverse, respectively. These new ETFs capitalize on the significant inflows and growing popularity of spot Bitcoin ETFs, catering to the increasing demand for leveraged exposure and hedging opportunities in the cryptocurrency market.
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2024
Mar / 28
- US Bitcoin ETF Boom Raises Questions for Japan's Stringent Crypto Regulations
- Mar 28, 2024 at 01:22 am
- The surge in popularity of Bitcoin ETFs in the US has highlighted the contrasting regulatory approaches between the US and Japan. While the US has embraced a range of Bitcoin investment options, including leveraged ETFs, Japan's stricter regulations have limited the availability of such products for Japanese investors. This disparity has led to a dilemma for Japanese crypto exchanges, as they face the challenge of balancing innovation with consumer protection in the rapidly evolving crypto landscape.
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2024
Mar / 27
- South Korean Investors Embrace Bitcoin ETF, Propelling It to Top Spot
- Mar 27, 2024 at 05:40 pm
- In March, South Korean investors flocked to VolatilityShares' 2X Bitcoin Strategy ETF (BITX), injecting $122 million, making it the fifth-most purchased foreign security. BITX offers exposure to Bitcoin's performance without direct ownership, appealing to investors seeking digital asset exposure. Its $834 million inflows in March pushed its assets under management to $1.47 billion. However, experts caution about the risks of leveraged ETFs like BITX, emphasizing their suitability for short-term trading due to their high volatility.
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Communtity feeds
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I caught $PNUT at $27k due to the narrative and knew it had the ingredients to cook… Seeing the $KITH story early too meant it was a no brainer ape. Dog thrown off a balcony by an immigrant, media storm is brewing slowly as legacy news outlets are starting to push this morningNYC dog owner horrified after migrant pal throws his two-year-old pitbull from a 14-story balcony trib.al/Va90Hnw
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- Twitter source
- The Toriant Nov 22, 2024 at 06:33 pm
Watch video below! He Believes this $PNUT WILL FLIP #PNUT on #Solana Holders on #PNUTonETH Increasing 10M Supply Decreasing Fast VITALIK Wallet Number 1 HOLDER -
- Twitter source
- Max Enigma Nov 22, 2024 at 06:26 pm
$MOG is getting ready for a huge breakthrough! Strong bullish momentum and the maintaining of important support levels suggest that a significant move is imminent. There is a noticeable buzz in the community, and everyone is watching this one for a possible spike. @Xalpha_bot
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In an ideal world, $GOAT bounces hard from here and we all get filthy rich$GOAT tryna cement a higher low after tapping daily support
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