BITX is trading at $13.02 (3.6% up) in pre-market, extending its recent rebound alongside crypto markets.
- As a 2x leveraged Bitcoin futures ETF, the move tracks Bitcoin’s overnight gains and improving risk sentiment across the broader market.
- The price action is supported by strength in Nasdaq futures and general risk-on flows, with no company-specific news reported.
- The fund continues to track the performance of the underlying crypto asset and broader equity market trends.