Bitcoin Leveraged Bets Surge Amid Strong Demand for Bitcoin Futures ETFs

Bitcoin Leveraged Bets Surge Amid Strong Demand for Bitcoin Futures ETFs

As the Bitcoin price attempts new all-time highs, there’s been a surge in demand for investment vehicles offering leverage exposure to BTC. Leveraged futures-based exchange-traded funds, like VolatilityShares’ 2x Bitcoin Strategy ETF (BITX), are experiencing inflows comparable to those of spot Bitcoin ETFs. Data from K33 Research indicates that the fund attracted $630 million in net monthly inflows, ranking just behind BlackRock and Fidelity in terms of inflow volume.
Bitcoin Futures ETFs In High Demand
Futures-based Bitcoin ETFs are currently holding a record-high equivalent exposure of 83,300 tokens, while leveraged Bitcoin ETFs make up nearly 25% of the open interest on CME, one of the largest marketplaces for crypto derivatives. K33 Research reports that futures premiums on the platform have surged to around 20% amid the highest-ever open interest.
Courtesy: Bloomberg
According to a note on Tuesday, the significant increase in flows to 2x leveraged BTC ETFs demonstrates a subst

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