Can I hold BITX long-term?
I'm considering investing in BITX and I'm wondering if it's a good idea to hold it for the long-term. I want to understand if BITX has the potential for long-term growth and stability.
What is BITX strategy?
I've heard about BITX strategy in the context of business and technology, but I'm not sure what it exactly means. Could someone please explain the concept of BITX strategy and its implications in a simple and clear manner?
What is the dividend yield of Bitx?
I'm interested in finding out the dividend yield of Bitx. I want to understand how much dividend I can expect from investing in Bitx, and I'm looking for specific numbers or percentages.
Is BITX a leveraged ETF?
BITX is a leveraged ETF offered by Volatility Shares, specifically a 2x leveraged Bitcoin strategy ETF. It does not directly hold Bitcoin but rather seeks to provide exposure to the daily performance of the S&P CME Bitcoin futures Index, doubled. This allows investors to potentially benefit from increases in the price of Bitcoin futures contracts, while also carrying the risks associated with leveraged investments.
Can Bitx go to zero?
I'm concerned about the possibility of Bitx's value dropping to zero. With the volatility in the cryptocurrency market, I want to know if there's a chance that my investment in Bitx could become worthless.