This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. BITU resets daily. The fund delivers 2x of one trading ...
ProShares Ultra Bitcoin ETF (NYSEARCA:BITU) gives traders 2x daily exposure to the Bloomberg Bitcoin Index through swaps, with a 0.98% expense ratio. The appeal is simple: when Bitcoin moves, BITU ...
Volatility decay erodes returns when Bitcoin moves sideways or reverses: a 50% Bitcoin drawdown would near-total wipeout the leveraged fund. BITU works only for single-day trades or strong uptrends; ...
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...
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