BITX is trading 10.32% up at $16.95 after Bitcoin rallied above $75,000, lifting leveraged crypto-linked products.
- The move follows the U.S. Treasury’s decision to double long-term bond buybacks and renewed support for the CLARITY Act, improving risk appetite across digital assets.
- Reuters reported cryptocurrency-related stocks surged; Bitcoin’s rally and short liquidations are driving sector-wide strength rather than a BITX-specific announcement.
- BITX also rose 12.45% on August 20 and 11.78% on August 19, highlighting sustained momentum.