ProShares Ultra Bitcoin ETF

BITU tracks 2x the daily price movements of an index that measures the price of Bitcoin. The fund uses swaps to provide leveraged exposure to Bitcoin.

ProShares UltraShort Nasdaq Biotechnology

2x Bitcoin Strategy ETF

GraniteShares 1.5x Long COIN Daily ETF

MicroSectors Gold -3X Inverse Leveraged ETN

Direxion Daily Gold Miners Index Bear 2X Shares

MicroSectors Gold Miners 3X Inverse Leveraged ETN

Direxion Daily Junior Gold Miners Index Bear 2X Shares

Direxion Daily S&P Biotech Bear 3X Shares

Direxion Daily Semiconductor Bear 3x Shares

Top Performing Levered/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.

Top Performing Leveraged/Inverse ETFs: 11/17/2024

BITU's long-term decay and daily rebalancing make it unsuitable for long-term holding; best used in sustained BTC uptrends. BTC's technical indicators show potential bullish signs if it can maintain above the 20-week moving average. Capital flows into BTC are strong, making up 94% of total crypto capital flow in 2024, indicating market preference.

BITU: Knocking On The Door

Direxion Daily Regional Banks Bull 3X Shares

Direxion Daily Electric & Autonomous Vehicles Bull 2X Shares

Direxion Daily Homebuilders & Supplies Bull 3X Shares

Wall Street was upbeat last week thanks mainly to Fed rate cut hopes: That has boost several leveraged ETFs.

Best Performing Leveraged ETFs of the Past Week

MicroSectors FANG & Innovation -3X Inverse Leveraged ETN

ProShares Ultra Ether ETF

Proshares Ultrashort Semiconductors

2x Long VIX Futures ETF

ProShares Ultra VIX Short-Term Futures ETF

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 07/21/2024

ProShares Ultra Bitcoin ETF is a 2x leveraged BTC strategy for day traders seeking amplified returns. This product may not be suitable for long-term investors. BITU uses swap agreements and cash-settled futures contracts to achieve 2x daily returns relative to spot BTC prices. Returns may be amplified during periods of sequential gains and losses in the reference BTC index, resulting in returns outside of the 2x target.

BITU May Be Too Risky At 2x Leverage

ProShares Short Bitcoin Strategy ETF

ProShares Bitcoin Strategy ETF

ProShares UltraPro QQQ

ProShares added to its portfolio of bitcoin-related products today with the launch of two ETFs. One offers leveraged exposure and the other offers inverse exposure to physical bitcoin rather than bitcoin futures.

ProShares Debuts 2X Leveraged/Inverse Bitcoin ETFs

ProShares UltraShort Bitcoin ETF

BETHESDA, Md.--(BUSINESS WIRE)--ProShares is launching BITU, the first ETF to target 2x daily bitcoin returns, and SBIT, the first ETF to target -2x daily bitcoin returns.

News for ProShares Ultra Bitcoin ETF ETF (BITU)