2x Bitcoin Strategy ETF (NYSEARCA:BITX) Shares Gap Down – Here’s What Happened

Posted by Stacy Sanders on Jan 22nd, 2026

Shares of 2x Bitcoin Strategy ETF (NYSEARCA:BITX – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $32.65, but opened at $29.43. 2x Bitcoin Strategy ETF shares last traded at $29.19, with a volume of 2,766,708 shares trading hands.

2x Bitcoin Strategy ETF Price Performance

The business has a 50 day simple moving average of $30.13 and a 200 day simple moving average of $46.99.

Institutional Investors Weigh In On 2x Bitcoin Strategy ETF

A number of hedge funds have recently added to or reduced their stakes in BITX. Parallel Advisors LLC acquired a new position in shares of 2x Bitcoin Strategy ETF during the second quarter worth approximately $78,000. Kingswood Wealth Advisors LLC raised its position in 2x Bitcoin Strategy ETF by 16.4% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 296,454 shares of the company’s stock worth $16,014,000 after purchasing an additional 41,710 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in 2x Bitcoin Strategy ETF by 35.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 17,415 shares of the company’s stock worth $941,000 after buying an additional 4,521 shares in the last quarter. Flow Traders U.S. LLC lifted its holdings in 2x Bitcoin Strategy ETF by 14.5% during the 2nd 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 in the last quarter. Finally, Jump Financial LLC boosted its position in 2x Bitcoin Strategy ETF by 89.1% in the 2nd quarter. Jump Financial LLC now owns 77,167 shares of the company’s stock valued at $4,169,000 after buying an additional 36,362 shares during the last quarter.

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.