Volatility Shares Trust 2x Bitcoin Strategy ETFVolatility Shares Trust 2x Bitcoin Strategy ETFVolatility Shares Trust 2x Bitcoin Strategy ETF

Volatility Shares Trust 2x Bitcoin Strategy ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪2.00 B‬USD
Fund flows (1Y)
‪2.16 B‬USD
Dividend yield (indicated)
12.24%
Discount/Premium to NAV
0.6%

About Volatility Shares Trust 2x Bitcoin Strategy ETF


Issuer
Volatility Shares LLC
Brand
Volatility Shares
Expense ratio
1.90%
Inception date
Jun 27, 2023
Index tracked
BTC/USD Exchange Rate - USD - Benchmark Price Return
Management style
Passive
BITX aims to provide 2x daily exposure to bitcoin futures. The fund seeks to track the price movement of bitcoin futures traded on the CME Futures Exchange for a single day. The fund buys cash-settled Bitcoin futures contracts and will roll the contracts on a monthly basis, as they near expiration. The expiring contracts are replaced with the next month contracts. The final trade date each month is the last Friday of the contract month. On day t-2 at market close, the index is 0% in the expiring futures contract and 100% in the next futures contract. Futures contracts can and often do trade in backwardation, meaning the costs of rolling contracts will reduce returns. The index itself is price weighted and does not rebalance. As a result, the return of BITX shares can vary significantly from 2x exposure, if held for longer than a day. As a geared product with daily resets, the fund is designed as a short-term trading tool and not a long-term investment vehicle.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Bitcoin, short USD
Niche
Derivative
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 6, 2024
Exposure type
Bonds, Cash & Other
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund100.02%
Cash−0.02%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows