Tiny Issuer to Debut Only US Double-Bitcoin Futures ETF (1)

June 23, 2023, 6:54 PM UTC

If Bitcoin’s famous volatility doesn’t give you enough of an adrenaline rush, you might soon be able to get two-times its returns.

Volatility Shares is planning to launch the 2x Bitcoin Strategy ETF (ticker BITX), which would offer double the performance of the S&P CME Bitcoin Futures Daily Roll Index each day. The debut is potentially slated for Tuesday, according to the company’s website. Stuart Barton, its chief investment officer, confirmed to Bloomberg News that the fund is expected to start trading on June 27.

While other funds with amped-up returns already exist, Volatility Shares, which ...

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