{"url":"https://etfiq.com/compare/leverage/bitx-vs-btcu","section":"compare","title":"BITX vs BTCU: which held to its multiple? | ETFIQ","description":"BITX sets out to return +2 times IBIT each day and BTCU +2 times. Over the three months to Sep 30, 2026 they finished +3.8 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, BITX or BTCU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, BITX finished 3.8 points from what its multiple implies and BTCU finished 3.3 points from its own, so BTCU came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are BITX and BTCU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on bitcoin, BITX at +2 times and BTCU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, BITX or BTCU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window BITX\u2019s moved at 38% annualized and BTCU\u2019s at 38%, so BITX has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold BITX 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, BITX or BTCU?","acceptedAnswer":{"@type":"Answer","text":"BITX charges 2.75% a year and BTCU charges 1.13%, so BTCU 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":"BITX vs BTCU","item":"https://etfiq.com/compare/leverage/bitx-vs-btcu"}]},{"@type":"WebPage","name":"BITX vs BTCU: which held to its multiple?","description":"BITX sets out to return +2 times IBIT each day and BTCU +2 times. Over the three months to Sep 30, 2026 they finished +3.8 pts and +3.3 pts away.","url":"https://etfiq.com/compare/leverage/bitx-vs-btcu","dateModified":"2026-09-30","abstract":"Over the days both have traded, BITX finished 3.8 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 BITX and BTCU","description":"BITX sets out to return +2 times IBIT each day and BTCU +2 times. Over the three months to Sep 30, 2026 they finished +3.8 pts and +3.3 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/bitx-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":6566,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / BITX vs BTCU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n BITX vs BTCU: which held to its multiple?\n\n Over the days both have traded, BITX finished 3.8 points from its stated multiple and BTCU 3.3.\n Copy this for sharing \n \n 2x Bitcoin Strategy ETF and Direxion Daily Bitcoin Bull 2X ETF.\n\n Download as PDF \n\n +82.3% BITX returned, 3 months \n +81.8% BTCU returned, 3 months \n +3.8 pts BITX from its stated multiple \n +3.3 pts BTCU from its stated multiple \n\n ETFIQ Decay Resistance Score: BITX scores higher\n Did it keep up with its ","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/bitx-vs-btcu","a":{"ticker":"BITX","name":"2x Bitcoin Strategy ETF","issuer":"Volatility Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: BITX returned +82.3% where its own daily promise gave +87.1%, 4.8 points short.","url":"https://etfiq.com/funds/bitx","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":"+82.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22124.8 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$1.1bn","as_of":"2026-09-30","source":"issuer page, as of Sep 15, 2026"},{"label":"Expense ratio","value":"2.75%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 26, 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/bitx-vs-btcu"}