BITU: Not A Good Time For Leverage In Crypto
Source: SeekingAlpha
2026-02-03 07:10:46 ET
Thesis
Crypto officially became an asset class for us when it got structured within the exchange-traded fund wrapper. Since the introduction of Bitcoin via the iShares Bitcoin Trust ETF ( IBIT ), crypto has virtually exploded on traditional exchanges with leveraged and covered call funds. To fully understand the quick adoption, please remember that IBIT was the fastest-growing ETF ever in history after launch....
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BITU: Not A Good Time For Leverage In Crypto
ProShares Ultra Bitcoin ETF
NASDAQ: BITU
BITU Trading
-3.23% G/L:
$11.25 Last:
3,071,218 Volume:
$11.46 Open:
