# Every leveraged ETF on Bitcoin, largest first

> Every leveraged ETF on Bitcoin, largest first, ranked by net assets, as of Oct 20, 2026. 7 funds from ETFIQ’s own published figures.

Data as of Oct 20, 2026. Rebuilt every trading night.

As of Oct 20, 2026 . Rebuilt every trading night.

## Every leveraged ETF on Bitcoin, largest first

See 7 funds ranked by net assets. Updated Oct 20, 2026. Same underlying, different multiples and different issuers. Two funds stating the same multiple on Bitcoin have still finished points apart.

| # | Ticker | Fund | Says | Net assets | Fee | Fund returned, 3 months | Label implied | Difference |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | BITX | 2x Bitcoin ETF | +2x | $1.2bn | 2.75% | +45.1% | +48.4% | −3.4 pts |
| 2 | BITU | ProShares Ultra Bitcoin ETF | +2x | $563m | 0.95% | +43.9% | +48.4% | −4.5 pts |
| 3 | SBIT | ProShares UltraShort Bitcoin ETF | -2x | $119m | 0.95% | −40.4% | −48.4% | +8.0 pts |
| 4 | BITI | ProShares Short Bitcoin ETF | -1x | $72m | 1.02% | −20.7% | −24.2% | +3.5 pts |
| 5 | BTCL | T-REX 2X LONG BITCOIN DAILY TARGET ETF | +2x | $38m | 0.95% | +43.9% | +48.4% | −4.6 pts |
| 6 | BTCZ | T-REX 2X INVERSE BITCOIN DAILY TARGET | -2x | $13m | 0.95% | −41.1% | −48.4% | +7.3 pts |
| 7 | BTCU | Direxion Daily Bitcoin Bull 2X ETF | +2x | $6m | 1.13% | +44.6% | +48.4% | −3.9 pts |

### Method

The 7 leveraged and inverse ETFs ETFIQ measures on Bitcoin, of which 7 publish net assets. Between them they state -2x, -1x, +2x. Each fund’s difference is its own return minus what its stated multiple implies over the same days, which is a different number for every multiple on the list. Over the same days Bitcoin itself returned +24.2%. Of each difference the part that is compounding rather than the fund is the same for every fund stating a given multiple, +6.8 at -2x, +2.1 at -1x, +1.1 at +2x, in percentage points. What is left is the fund. The list sorts one published figure, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.

### Where to next

### Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement.

A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Every leveraged ETF on Bitcoin, largest first, ranked by net assets, data as of Oct 20, 2026. https://etfiq.com/rankings/leverage-largest-on-bitcoin
Licence: https://etfiq.com/license/ Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/rankings/leverage-largest-on-bitcoin
