{"url":"https://etfiq.com/compare/leverage/bitu-vs-btcu","section":"compare","title":"BITU vs BTCU: which held to its multiple? | ETFIQ","description":"BITU sets out to return +2 times IBIT each day and BTCU +2 times. Over the three months to Sep 30, 2026 they finished +2.3 pts and +3.3 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, BITU or BTCU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, BITU finished 2.3 points from what its multiple implies and BTCU finished 3.3 points from its own, so BITU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are BITU and BTCU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on bitcoin, BITU at +2 times and BTCU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, BITU or BTCU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window BITU\u2019s moved at 38% annualized and BTCU\u2019s at 38%, so BITU has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold BITU or BTCU for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, BITU or BTCU?","acceptedAnswer":{"@type":"Answer","text":"BITU charges 0.95% a year and BTCU charges 1.13%, so BITU is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"BITU vs BTCU","item":"https://etfiq.com/compare/leverage/bitu-vs-btcu"}]},{"@type":"WebPage","name":"BITU vs BTCU: which held to its multiple?","description":"BITU sets out to return +2 times IBIT each day and BTCU +2 times. Over the three months to Sep 30, 2026 they finished +2.3 pts and +3.3 pts away.","url":"https://etfiq.com/compare/leverage/bitu-vs-btcu","dateModified":"2026-09-30","abstract":"Over the days both have traded, BITU finished 2.3 points from its stated multiple and BTCU 3.3.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of BITU and BTCU","description":"BITU sets out to return +2 times IBIT each day and BTCU +2 times. Over the three months to Sep 30, 2026 they finished +2.3 pts and +3.3 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/bitu-vs-btcu","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6554,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / BITU vs BTCU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n BITU vs BTCU: which held to its multiple?\n\n Over the days both have traded, BITU finished 2.3 points from its stated multiple and BTCU 3.3.\n Copy this for sharing \n \n ProShares Ultra Bitcoin ETF and Direxion Daily Bitcoin Bull 2X ETF.\n\n Download as PDF \n\n +80.8% BITU returned, 3 months \n +81.8% BTCU returned, 3 months \n +2.3 pts BITU from its stated multiple \n +3.3 pts BTCU from its stated multiple \n\n ETFIQ Decay Resistance Score: BTCU scores higher\n Did it keep up with ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/bitu-vs-btcu","a":{"ticker":"BITU","name":"ProShares Ultra Bitcoin ETF","issuer":"ProShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: BITU returned +80.8% where its own daily promise gave +87.1%, 6.3 points short.","url":"https://etfiq.com/funds/bitu","key_facts":[{"label":"What IBIT did","value":"+39.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+87.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+80.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22126.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$600m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-30","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"BTCU","name":"Direxion Daily Bitcoin Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: BTCU returned +81.8% where its own daily promise gave +87.1%, 5.3 points short.","url":"https://etfiq.com/funds/btcu","key_facts":[{"label":"What IBIT did","value":"+39.2%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+87.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+81.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22125.3 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$6m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.13%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/bitu-vs-btcu"}