Performance analysis of BITX (2X BITCOIN STRATEGY ETF)
Annual Return
Since Jun 27, 2023, BITX has had an average annual return of +6.45%, underperforming the benchmark SPY, which returned +22.25% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -49.59% | -38.42% | +162.86% | +47.23% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -10.61% | -42.39% | +3.54% | +24.92% | -9.08% | -16.76% | -49.59% | ||||||
| 2025 | +13.97% | -33.05% | -8.68% | +25.85% | +20.83% | +3.32% | +15.06% | -16.27% | +9.41% | -10.78% | -33.77% | -9.68% | -38.42% |
| 2024 | -2.95% | +98.73% | +21.30% | -34.74% | +26.36% | -24.49% | +13.02% | -25.28% | +13.47% | +17.88% | +84.29% | -13.32% | +162.86% |
| 2023 | -2.97% | -11.13% | -23.55% | +4.41% | +60.51% | +12.65% | +18.30% | +47.23% |
Drawdown analysis of BITX (2X BITCOIN STRATEGY ETF)
The maximum drawdown for the BITX was -77.79%, occurring on Feb 5, 2026. This drawdown has not yet recovered.
The current BITX drawdown is -77.63%.
Since Jun 27, 2023 BITX has experienced the following drawdowns:
- 50% or more: 3 times
- 40% or more: 4 times
- 30% or more: 5 times
- 20% or more: 5 times
- 10% or more: 10 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -77.79% | Aug 13, 2025 | 121 | Feb 5, 2026 | Ongoing | Ongoing | Ongoing |
| -61.27% | Mar 13, 2024 | 122 | Sep 6, 2024 | 47 | Nov 12, 2024 | 169 |
| -56.41% | Dec 17, 2024 | 75 | Apr 8, 2025 | 87 | Aug 13, 2025 | 162 |
| -42.99% | Jul 13, 2023 | 41 | Sep 11, 2023 | 31 | Oct 24, 2023 | 72 |
| -31.82% | Jan 8, 2024 | 10 | Jan 23, 2024 | 14 | Feb 12, 2024 | 24 |
| -17.21% | Mar 4, 2024 | 1 | Mar 5, 2024 | 3 | Mar 8, 2024 | 4 |
| -16.65% | Dec 8, 2023 | 1 | Dec 11, 2023 | 18 | Jan 8, 2024 | 19 |
| -16.49% | Nov 22, 2024 | 2 | Nov 26, 2024 | 7 | Dec 6, 2024 | 9 |
| -12.26% | Nov 10, 2023 | 2 | Nov 14, 2023 | 1 | Nov 15, 2023 | 3 |
| -10.83% | Dec 6, 2024 | 1 | Dec 9, 2024 | 5 | Dec 16, 2024 | 6 |
| -9.18% | Nov 15, 2023 | 1 | Nov 16, 2023 | 5 | Nov 24, 2023 | 6 |
| -6.84% | Oct 25, 2023 | 2 | Oct 27, 2023 | 4 | Nov 2, 2023 | 6 |
| -6.82% | Nov 24, 2023 | 1 | Nov 27, 2023 | 1 | Nov 28, 2023 | 2 |
| -6.59% | Jul 3, 2023 | 3 | Jul 7, 2023 | 4 | Jul 13, 2023 | 7 |
| -5.42% | Nov 13, 2024 | 1 | Nov 14, 2024 | 1 | Nov 15, 2024 | 2 |
| -5.27% | Nov 28, 2023 | 2 | Nov 30, 2023 | 2 | Dec 4, 2023 | 4 |
| -4.27% | Feb 20, 2024 | 1 | Feb 21, 2024 | 3 | Feb 26, 2024 | 4 |
| -3.75% | Jun 27, 2023 | 1 | Jun 28, 2023 | 3 | Jul 3, 2023 | 4 |
| -2.86% | Nov 2, 2023 | 1 | Nov 3, 2023 | 1 | Nov 6, 2023 | 2 |
| -2.69% | Dec 5, 2023 | 2 | Dec 7, 2023 | 1 | Dec 8, 2023 | 3 |
| -2.57% | Feb 12, 2024 | 1 | Feb 13, 2024 | 1 | Feb 14, 2024 | 2 |
| -2.30% | Mar 11, 2024 | 1 | Mar 12, 2024 | 1 | Mar 13, 2024 | 2 |
| -1.04% | Nov 7, 2023 | 1 | Nov 8, 2023 | 1 | Nov 9, 2023 | 2 |
| -0.15% | Feb 14, 2024 | 1 | Feb 15, 2024 | 1 | Feb 16, 2024 | 2 |