2x Bitcoin Strategy ETF (NYSEARCA:BITX) Shares Gap Up – Here’s Why

Posted by Doug Wharley on Feb 27th, 2026

2x Bitcoin Strategy ETF (NYSEARCA:BITX – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $13.86, but opened at $14.76. 2x Bitcoin Strategy ETF shares last traded at $15.03, with a volume of 4,830,216 shares trading hands.

2x Bitcoin Strategy ETF Stock Down 5.6%

The business has a fifty day moving average price of $24.12 and a 200-day moving average price of $39.52.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Jump Financial LLC grew its holdings in shares of 2x Bitcoin Strategy ETF by 89.1% during the 2nd quarter. Jump Financial LLC now owns 77,167 shares of the company’s stock valued at $4,169,000 after purchasing an additional 36,362 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in 2x Bitcoin Strategy ETF by 203.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 52,889 shares of the company’s stock valued at $1,467,000 after buying an additional 35,432 shares during the period. Captrust Financial Advisors boosted its position in 2x Bitcoin Strategy ETF by 128.4% during the fourth quarter. Captrust Financial Advisors now owns 12,212 shares of the company’s stock valued at $339,000 after buying an additional 6,865 shares during the period. Flow Traders U.S. LLC increased its holdings in shares of 2x Bitcoin Strategy ETF by 14.5% in the second quarter. Flow Traders U.S. LLC now owns 37,381 shares of the company’s stock worth $2,019,000 after buying an additional 4,735 shares during the period. Finally, Kingswood Wealth Advisors LLC increased its holdings in shares of 2x Bitcoin Strategy ETF by 1.3% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 234,335 shares of the company’s stock worth $6,500,000 after buying an additional 2,985 shares during the period.

About 2x Bitcoin Strategy ETF

(Get Free Report)

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.