![CryptoAlchemy](https://img.btcc.com/btcc/qa/CryptoAlchemy.png)
Will volatility shares' 2x leveraged bitcoin futures exchange-traded fund be based on CME prices?
Could you please clarify if the 2x <a href="https://www.btcc.com/en-US/academy/crypto-basics/what-is-leverage-in-cryptocurrency-how-can-i-trade-at-100x-leverage" title="Leveraged">Leveraged</a> bitcoin futures exchange-traded fund, marketed as a volatility share, intends to base its pricing on the Chicago Mercantile Exchange (CME) futures contracts? Given the significance of CME as a global leader in derivatives markets, many investors are curious to know if this ETF will leverage its strategies around the CME's pricing mechanisms for bitcoin futures. Understanding the pricing foundation is crucial for assessing the potential risks and rewards of such a financial product.
![Will volatility shares' 2x leveraged bitcoin futures exchange-traded fund be based on CME prices?](https://img.btcc.com/btcc/qa/qaimg972.png)
![SumoMight](https://img.btcc.com/btcc/qa/SumoMight.png)
What is volatility shares 2x bitcoin strategy ETF (bitx)?
Could you elaborate on the volatility shares 2x bitcoin strategy ETF, commonly referred to as BITX? I'm curious to understand how it functions within the cryptocurrency and finance landscape. Specifically, how does this ETF leverage Bitcoin's volatility to achieve its investment objectives? What are the key risks and potential rewards associated with this strategy? Additionally, how does it compare to other Bitcoin-related investment vehicles, and what factors should investors consider before investing in BITX?
![What is volatility shares 2x bitcoin strategy ETF (bitx)?](https://img.btcc.com/btcc/qa/qaimg823.png)