Direxion Daily Bitcoin Bull 2X ETF (BTCU) is an exchange-traded fund (ETF) listed on the New York Stock Exchange Arca. market capitalization is approximately $2M.
What does Direxion Daily Bitcoin Bull 2X ETF invest in?▾
The Direxion Daily Bitcoin Bull 2X ETF (BTCU) is structured to achieve daily returns that are double (200%) the daily price movements of other exchange-traded products that aim to replicate Bitcoin's value. This objective is set before the consideration of any fees and expenses incurred by the fund itself, or by the underlying Bitcoin-tracking instruments it invests in.