

In an intriguing new move, BlackRock (NYSE:BLK | BLK Price Prediction) is looking to offer Bitcoin investors a kind of financial protection similar to a seatbelt.

ETF issuers continue to push the boundaries of product innovation and unconventional strategies attract greater attention, as regulators consider the next wave of novel ETFs outlined in my previous research note.

On October 2, 2026, the SEC officially approved the first 3x Bitcoin ETF in the United States, allowing Volatility Shares to list triple-leveraged funds for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) on Cboe BZX.

VettaFi Head of Sector and Industry Research Roxanna Islam appeared September 21 on Bloomberg TV to discuss the bitcoin rally despite an interest rate hike from the Federal Reserve and the stalling of the CLARITY Act, among other topics. Key Takeaways: Bitcoin surged to $85,222, brushing off a recent Fed rate hike and regulatory stalls.

I rate the 2X Bitcoin ETF (BITX) a buy, but only as a strategic, risk-managed allocation within a diversified portfolio. BITX's extreme volatility, drawdowns, and volatility decay make it unsuitable for passive buy-and-hold; pairing with safe assets and active risk controls is essential. A 40/60 BITX/SHY blend with a moving average strategy historically improved risk-adjusted returns, lowered drawdowns, and offered diversification benefits.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Bitcoin rose above $80,000 to hit a more than three-month high on Tuesday as a soft U.S. dollar, in the wake of the moves by Treasury Secretary Scott Bessent to calm the bond market, revived momentum in the crypto sector.

The 2x Bitcoin Strategy ETF (CBOE:BITX) has lost 55.86% of its value in 2026, turning a $10,000 stake at the start of the year into roughly $4,414 by Tuesday's close.