# 2x Bitcoin Strategy ETF (BITX): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bitx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Volatility Shares · Asset class: Alternatives - Strategy: Leveraged · Inception: 2023-06-27 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... ## Key Facts | Metric | Value | |---|---| | Price | $18.23 | | Expense Ratio | 2.75% | | Assets Under Management | $1.18B | | NAV | $18.35 | | Holdings Count | 3 | | Distribution Yield (TTM) | 8.27% | | Annual Distribution (TTM) | $1.51 /share | | Distribution Frequency | Monthly | | 52-Week Range | $10.09 – $55.32 | | Beta | 3.22 | ## Latest Distribution - Amount: $0.0246 /share - Ex-date: 2026-10-21 - Pay date: 2026-10-22 ## Frequently Asked Questions ### What does BITX invest in? 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. ### What is the expense ratio of BITX? 2x Bitcoin Strategy ETF (BITX) charges an expense ratio of 2.75%. This is the annual fee deducted from fund assets to cover management and operations. ### Is BITX a good long-term hold? BITX is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days. ### How does BITX's daily reset work? BITX rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets. ### How big is BITX? 2x Bitcoin Strategy ETF (BITX) manages $1.18B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is BITX actively managed or an index fund? BITX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### Does BITX pay a dividend? 2x Bitcoin Strategy ETF (BITX) currently distributes little or no income. Trailing-twelve-month yield is 8.27%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BITX pay dividends? 2x Bitcoin Strategy ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BITX's dividend yield? BITX's trailing-twelve-month yield is 8.27%, calculated from the sum of dividends over the past year divided by the current price. ### When is BITX's next ex-dividend date? The most recently announced ex-dividend date for BITX was 2026-10-21. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will BITX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.75% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BITX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BITX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BITX cost more than a fund like VOO? BITX is a leveraged fund (current expense ratio 2.75%). Daily-reset leverage products carry swap and financing costs that don't exist on a plain-vanilla equity ETF. The Cost Verdict card compares against the leveraged/inverse cohort where these costs are the norm. ### Are there cheaper alternatives to BITX? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as BITX (2.75%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bitx - Distribution history: https://www.dividenddata.com/funds/bitx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bitx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bitx/expenses - Peer comparison: https://www.dividenddata.com/funds/bitx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.