On August 20, 2x Bitcoin Strategy ETF rose 9.7% in regular trading, trading at $15.01/share, with turnover of approximately $111 million. The leveraged ETF rallied sharply alongside a broad surge in cryptocurrency-related assets.

On the news front, Bitcoin staged a strong rebound and broke above the $70,000 level, directly lifting crypto-linked equities and ETFs. U.S. President Trump met with executives from major crypto firms including Coinbase, Payward, and Blockchain at the White House, reinforcing market expectations of a digital-asset-friendly regulatory environment under the current administration. Additionally, the U.S. Securities and Exchange Commission proposed a new framework this week that would allow certain digital asset issuances to be exempt from securities registration filings, further boosting sentiment across the sector.

Separately, BlackRock recently acquired approximately 1,019 BTC and 302 ETH from Coinbase Prime, totaling around $65.21 million, signaling continued institutional demand for digital assets.

The fund generally invests in Bitcoin Futures Contracts through its Subsidiary and in Collateral Investments. The index measures the performance of the return from a rolling long position in the two nearest maturing Bitcoin futures contracts trading on the Chicago Mercantile Exchange. The fund is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)