BITX ETF — Volatility Shares 2x Bitcoin Strategy ETF

Volatility Shares 2x Bitcoin Strategy ETF (BITX)

Updated October 16, 2026.

BITX is an ETF linked to Bitcoin Futures. its distribution rate is 1.38%, its trailing-12-month yield is 11.11%, its expense ratio is 2.75%. Dividend Vision Distribution Safety Score™ is 0/100 (High risk). Total return is 59.8% over the past 3.3 years, 22.3 points behind SPY at 82.1%.

Volatility Shares 2x Bitcoin Strategy ETF is a leveraged ETF that seeks to deliver twice the daily performance of bitcoin by investing principally in cash-settled bitcoin futures contracts traded on the CME, along with cash and high-quality collateral. The fund distributes monthly and carries a modest current distribution rate alongside a relatively high expense ratio of 2.75%. This ETF appeals to investors seeking leveraged exposure to bitcoin price movements on a daily basis, though the leverage structure and futures-based approach involve substantial complexity and risk not suitable for traditional income-focused portfolios.

BITX performance versus SPY

Price and return data through 2026-10-16.

Total return is 59.8% over the past 3.3 years, 22.3 points behind SPY at 82.1%. Over the past year its total return — price change plus distributions reinvested — is -59.4%. Its deepest 1-year drawdown was 79.8%.

BITX key facts

Distribution Safety Score™

0 · High risk

Safety-Adjusted Yield

0.00%

Issuer

Volatility Shares

Asset type

ETF

Asset class

Equity

Inception date

06/27/2023

Expense ratio

2.75%

Distribution rate

1.38%

Distribution frequency

Monthly

Trailing yield

11.11%

Last close

$18.47 (as of 2026-10-16)

AUM

$1,246,656,544

Average volume

9778254.0

Dividend

$0.0212

Ex-dividend date

09/23/2026

Payment date

09/24/2026

How Dividend Vision calculates yield and returns

Distribution rate (1.38%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (11.11%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Volatility Shares or company page; Index: Bitcoin Futures; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BITX risks and drawbacks

BITX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 79.8%.

Who may consider BITX — and who may not

It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BITX

• All tickers starting with B

Tagged: Bitcoin, Crypto, Leverage.

Frequently asked questions

More securities from Volatility Shares.