# Bitcoin Leveraged ETFs: 2x & Inverse, Compared

> 7 leveraged and inverse ETFs on Bitcoin: multiple, issuer, fee and net assets. Each against its stated multiple, as of Oct 27, 2026.

Data as of Oct 27, 2026. Rebuilt every trading night.

Data as of Oct 27, 2026 .

## Bitcoin leveraged and inverse ETFs

As of Oct 27, 2026, 7 ETFs aim to return −2x to 2x the daily move in Bitcoin. 4 issuers sell them. Over three months they finished from −3.6 to +10.0 percentage points against what their stated multiples implied.

### Browse leveraged ETFs

### All 7 leveraged and inverse ETFs on Bitcoin

| Ticker | Fund | Issuer | 1M vs multiple | 3M vs multiple | 1Y vs multiple | Net assets | Net assets as of | Fee | Total return 1M | Total return 3M | Total return YTD | Total return 1Y | Total return 3Y | Total return since launch | Multiple |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| BITX | 2x Bitcoin ETF | Volatility Shares | −1.3 pts | −2.7 pts | −4.8 pts | $1.1bn | Oct 26, 2026 | 2.75% | −9.1% | +50.1% | −34.4% | −64.4% | +49.3% | +56.4% | +2x |
| BITU | ProShares Ultra Bitcoin ETF | ProShares | −1.3 pts | −3.4 pts | −5.5 pts | $535m | Oct 27, 2026 | 0.95% | −9.1% | +49.4% | −36.0% | −65.1% | not available | −44.3% since Apr 2024 | +2x |
| SBIT | ProShares UltraShort Bitcoin ETF | ProShares | +0.2 pts | +10.0 pts | −37.0 pts | $115m | Oct 27, 2026 | 0.95% | +8.0% | −42.8% | −22.1% | +22.6% | not available | −84.3% since Apr 2024 | -2x |
| BITI | ProShares Short Bitcoin ETF | ProShares | +0.4 pts | +4.2 pts | −4.4 pts | $70m | Oct 27, 2026 | 1.02% | +4.3% | −22.2% | −2.2% | +25.4% | −71.4% | −87.8% | -1x |
| BTCL | T-REX 2X LONG BITCOIN DAILY TARGET ETF | T-REX | −1.6 pts | −3.6 pts | −6.7 pts | $36m | Oct 26, 2026 | 0.95% | −9.4% | +49.2% | −36.6% | −66.3% | not available | −21.4% since Jul 2024 | +2x |
| BTCZ | T-REX 2X INVERSE BITCOIN DAILY TARGET ETF | T-REX | −0.2 pts | +9.5 pts | −44.1 pts | $12m | Oct 26, 2026 | 0.95% | +7.6% | −43.3% | −25.8% | +15.5% | not available | −87.7% since Jul 2024 | -2x |
| BTCU | Direxion Daily Bitcoin Bull 2X ETF | Direxion | −1.5 pts | −2.8 pts | not available | $5.5m | Oct 26, 2026 | 1.13% | −9.3% | +50.0% | not available | not available | not available | +3.4% since May 2026 | +2x |

What Bitcoin itself did over the same days: −3.9% over one month, +26.4% over three months, −29.8% over one year.

### Questions people ask

Which 2x Bitcoin ETFs are there? As of Oct 27, 2026, 4 ETFs set out to return 2x the daily move in Bitcoin: BITX , BITU , BTCL and BTCU. Which inverse Bitcoin ETFs are there? As of Oct 27, 2026, 3 ETFs set out to return the opposite of the daily move in Bitcoin, from −2x to −1x: SBIT , BITI and BTCZ. Which Bitcoin leveraged ETF is largest? BITX , 2x Bitcoin ETF, at $1.1bn in net assets on Oct 26, 2026, the largest of the 7 on Bitcoin with a published size.

### Where to next

---

Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Bitcoin leveraged and inverse ETFs, data as of Oct 27, 2026. https://etfiq.com/leverage/bitcoin-leveraged-etfs
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/leverage/bitcoin-leveraged-etfs