The ProShares Ultra Bitcoin ETF (NYSEARCA:BITU) launched in April 2024 promising twice Bitcoin’s daily return. That sounded ...
BITU is a 2x leveraged Bitcoin ETF best suited for active traders aiming to time short-term market moves, not long-term investors. Despite Bitcoin hitting new all-time highs, BITU underperformed YTD ...
Bitcoin's current bull run may extend beyond the usual 12-18 months due to Trump’s pro-crypto policies, EU MiCA regulation, and Fed easing. BITU, a 2x leveraged Bitcoin ETF, could outperform if the ...