Leveraged Crypto Bets Show Caution as BITX Sees Outflows Amid Bullish Technical Signal

The recent trend of leveraged crypto bets has taken a hit, with the 2x Bitcoin Strategy ETF (BITX) experiencing net outflows of $1.92 million on April 24, 2026.

This represents about 0.15% of BITX's assets under management, which total approximately $1.28 billion.

The related asset, BTC-USD, is currently trading at $77,975.44, down around 12.62% over the past three months due to increased volatility in the digital asset space.

However, despite this medium-term drawdown, a short-term technical signal has flashed a 'Buy' indication, suggesting traders may be betting on a near-term rebound in Bitcoin.