BITX vs SOLT: Grades, Fees and Holdings Compared

2x Bitcoin Strategy ETF

BITXBCboe

2x Solana ETF

SOLTDNasdaq

Overlap

33.3%by weight

Expense ratio

BITX −0.17pt a year

BITX2.75%SOLT2.92%

Avg volume · 30D

BITX 20.8×the volume

BITX9.85MSOLT474K

BITX vs SOLT Performance

Oct 31, 2025 – Nov 2, 2026

−64.8%BITX−87.2%SOLT

Expense ratio: BITX 2.75%, better; SOLT 2.92%
Fund size: BITX $1.03B; SOLT $151M
1Y total return: BITX −64.8%, better; SOLT −87.2%
Yield (12M): BITX 9.34%, better; SOLT 2.59%
Holdings: BITX 3; SOLT 2
Avg volume (30D): BITX 9.85M sh, better; SOLT 474K sh
NAV per share: BITX $16.19; SOLT $46.87
52W range

ETF.net Grade

Pillar letters and Scores for BITX, SOLT, with each pillar’s weight
Pillar	BITX	SOLT
Cost30% weight	D38Higher	F23
Mission25% weight	Not scored	B62
Risk15% weight	B65Higher	D32
Tradability15% weight	A99Higher	B68
Holdings10% weight	Not scored	Not scored
Durability5% weight	A77Higher	B55

Rank among 2x Long Crypto funds

How we build Categories ›

Same Category. BITX and SOLT are both graded against the same 14 2x Long Crypto funds, so their Grades compare head to head.

2x Long Crypto⁠

Category · 14 funds

See all 14 ›

BITX ranks 4th and SOLT 12th of 14 funds in the 2x Long Crypto Category.

Rank 1ABITUProShares Ultra Bitcoin ETFScore 83
Rank 2AETHTProShares Ultra Ether ETFScore 76
Rank 3BBTCLT-Rex 2X Long Bitcoin Daily Target ETFScore 65
Rank 4BBITX2x Bitcoin Strategy ETFScore 61
Rank 5CUXRPProShares Ultra XRP ETFScore 51
Rank 11DXXRPTeucrium 2x Long Daily XRP ETFScore 39
Rank 12DSOLT2x Solana ETFScore 38
Rank 13FTXXD21Shares 2x Long Dogecoin ETFScore 16

Our read on each fund

ETF.net Research

BITXB2x Bitcoin Strategy ETF

SOLTD2x Solana ETF

In short

BITX One of the original 2x bitcoin funds, live since 2023. BITX aims for twice the daily move of a bitcoin futures index, resets that math every day, and trades heavily. High-octane, priced like it, and built for days rather than decades.

SOLT Leveraged crypto funds mostly point at bitcoin and ether. This one aims two-times daily leverage at Solana instead, wrapped in a '40 Act ETF you can trade in an ordinary brokerage account. The access comes with one of the heavier fee tags in the group.

Stated mandate

BITX The Fund seeks daily results equal to twice the daily performance of the S&P CME Bitcoin Futures Daily Roll Index, before fees and expenses.

SOLT The Fund seeks daily investment results, before fees and expenses, equal to two times the daily performance of SOL.

Why people hold it

BITX Aims for twice the daily move of the S&P CME Bitcoin Futures Daily Roll Index inside an ordinary 1940 Act ETF. No margin account, no wallet, no crypto exchange login.
Very actively traded, so getting in and out is rarely the hard part. That matters in a product built around single-day exposure.
Trading since 2023, a long operating history for geared crypto, and it makes distributions on a monthly cadence.

SOLT Seeks two times SOL's daily move inside a registered ETF. No margin account, no offshore venue, no self-custody, no seed phrase to lose.
The shelf around it is stacked with bitcoin and ether leverage (BITU, ETHT, BITX). If Solana is the coin you want geared exposure to, the menu is short.
Trading is active enough for routine in-and-out, which matters for a tool built around daily moves. Distributions run on a monthly cadence.

Worth knowing

BITX At 2.75% a year, it is the expensive lane to this trade. Its peer group's median is 1.89%, and ProShares' BITU charges 0.98% for 2x bitcoin exposure.
The 2x target resets daily. Over longer holds, choppy markets compound against you, and multi-day results can land well away from twice bitcoin's move.
The reference is a bitcoin futures index, not spot bitcoin, so futures roll mechanics sit between you and the coin price.

SOLT The 2.92% expense ratio sits well above the roughly 1.89% median for leveraged crypto funds, and multiples above levered bitcoin options like BITU at 0.98%.
The 2x target resets every day. Over a choppy multi-day stretch, results can drift meaningfully from twice SOL's move for that stretch, in either direction.
Launched in 2025, so the track record is thin, and gearing one of crypto's most volatile assets amplifies drawdowns as readily as gains.

Full BITX profile⁠

Full SOLT profile⁠

BITX vs SOLT Holdings

How BITX and SOLT differ

Overlap by weight

33.3%

Shared holdings make up 33.3% of BITX and 33.3% of SOLT.

Level by level

Holdings0 in both33.3%
Asset classAlternatives100%

Sector

No Sector split for BITX and SOLT.

Country, concentration and asset class

Country by domicile

No country split for BITX and SOLT.

Concentration

Weight in the 10 largest Holdings

BITX100.0%
SOLT100.0%

Securities held

BITX0
SOLT0

Asset class

BITX: Alternatives
SOLT: Alternatives

Holdings

Only in BITX0
In both0
Only in SOLT0

Only in BITX

0 securities, 0.0% of BITX by weight

Only in SOLT

0 securities, 0.0% of SOLT by weight

Weight gaps

BITX and SOLT share no securities.

All 3 BITX holdings⁠All SOLT holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BITX vs SOLT Cost

Overpaying SOLT vs BITX

$1,666

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

BITX 2.75%
$41,266
SOLT 2.92%
$42,932

Amount$10,000

Years30 years

Cost over time

BITX 2.75%
SOLT 2.92%
Overpaying

Year by year

Year	BITX	SOLT	Overpaying
10	$4,509	$4,755	$246
20	$15,708	$16,446	$738
30	$41,266	$42,932	$1,666

Expense ratio

2.75%BITX, cheaper
2.92%SOLT

BITX2.75%SOLT2.92%

0.95%4.55%

Middle half of 2x Long Crypto funds
Median 2.02%

BITX 9th cheapest of 14 funds

SOLT 11th cheapest of 14 funds

BITX vs SOLT Dividends

Last 12 months to Nov 2, 2026

Yield (12M): BITX 9.34%, better; SOLT 2.59%
Payout (12M): BITX $1.51; SOLT $1.13
Last payment: BITX $0.02; SOLT $0.08
Ex-dividend: BITX Oct 21, 2026; SOLT Oct 21, 2026
Paid on: BITX Oct 22, 2026; SOLT Oct 22, 2026
Frequency: BITX Monthly; SOLT Monthly

Distribution history

Per share, 2024 to 2026, same scale for both

BITXMonthly · 30 paymentsAll BITX payments⁠

SOLTMonthly · 18 paymentsAll SOLT payments⁠

BITX vs SOLT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BITX 106.3%SOLT 116.1%since Apr 2025
Return per unit of riskSharpe ratio, 3 years: BITX 0.49SOLT −0.37since Apr 2025
Worst fallMax drawdown, 5 years: BITX −83.4%since Jun 2023SOLT −96.3%since Mar 2025
Market sensitivityBeta, 5 years: BITX 3.22SOLT 1.83; Market = 1

BITX and SOLT in the news

All news⁠

ETF Filings
Grayscale files for a 2x Zcash ETF built on options on its two-week-old ETP
Sep 10, 2026BITXSOLT

Popular comparisons

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BITX vs SOLT

In short

Stated mandate

Why people hold it

Worth knowing

How BITX and SOLT differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BITX

Only in SOLT

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Grayscale files for a 2x Zcash ETF built on options on its two-week-old ETP

How BITX and SOLT differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in BITX

Only in SOLT

Weight gaps