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BITU’s Decay Problem: Why This Bitcoin ETF Lost 31% While Bitcoin Fell Just 10%
Key takeaways
- BITU works only for single-day trades or strong uptrends; buy-and-hold investors face compounding losses from daily resets in choppy markets.
- The analyst who called NVIDIA in 2010 just named his top 10 stocks and BITU wasn t one of them.
- ProShares Ultra Bitcoin ETF (NYSEARCA:BITU) gives traders 2x daily exposure to the Bloomberg Bitcoin Index through swaps, with a 0.98% expense ratio.
BITU’s Decay Problem: Why This Bitcoin ETF Lost 31% While Bitcoin Fell Just 10% Austin Smith Wed, May 6, 2026 at 6:15 PM GMT+7 4 min read BTC-USD BITU NVDA Quick Read Volatility decay erodes returns when Bitcoin moves sideways or reverses: a 50% Bitcoin drawdown would near-total wipeout the leveraged fund.
BITU works only for single-day trades or strong uptrends; buy-and-hold investors face compounding losses from daily resets in choppy markets.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and BITU wasn t one of them. Get them here FREE.
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