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Posted by
Two Blokes Jul 11 -
Filed in
Stock
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11 views
BITU is a 2x leveraged Bitcoin ETF best suited for active traders aiming to time short-term market moves, not long-term investors. Despite Bitcoin hitting new all-time highs, BITU underperformed YTD due to volatility and the inherent risks of leveraged ETFs, including value decay. I remain very bullish on Bitcoin long term but would avoid entering BITU at current levels, preferring to hold Bitcoin directly instead.
