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BITX vs TXXS

2x Bitcoin Strategy ETF

BITXBCboe

21Shares 2x Long Sui ETF

TXXSFNasdaq

Overlap

Expense ratio

BITX −1.80pt a year

BITX2.75%TXXS4.55%

Avg volume · 30D

BITX 1071.1×the volume

BITX9.85MTXXS9.2K

BITX vs TXXS Performance

Dec 31, 2025 – Oct 30, 2026

−41.0%BITX−83.8%TXXS

Dec 31, 2025 to Oct 30, 2026. BITX −41.0%. TXXS −83.8%. Use the arrow keys to read each point.0%25%50%75%Dec 2025Jun 2026Oct 2026
Expense ratio
BITX 2.75%, better
TXXS 4.55%
Fund size
BITX $1.03B
TXXS $5M
1Y total return
BITX −64.7%
TXXS No data
Yield (12M)
BITX 9.31%
TXXS No data
Holdings
BITX 3
TXXS 3
Avg volume (30D)
BITX 9.85M sh, better
TXXS 9.2K sh
NAV per share
BITX $16.19
TXXS $28.34
52W range

ETF.net Grade

BITX: Cost 38, Risk 65, Mission not scored, Tradability 99, Holdings not scored, Durability 77. TXXS: Cost 1, Risk 22, Mission not scored, Tradability 24, Holdings not scored, Durability 23.
Pillar letters and Scores for BITX, TXXS, with each pillar’s weight
PillarBITXTXXS
Cost30% weightD38HigherF1
Mission25% weightNot scoredNot scored
Risk15% weightB65HigherF22
Tradability15% weightA99HigherF24
Holdings10% weightNot scoredNot scored
Durability5% weightA77HigherF23

Rank among 2x Long Crypto funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BITX and TXXS 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 TXXS 14th of 14 funds in the 2x Long Crypto Category.

  1. Rank 1ABITUProShares Ultra Bitcoin ETFScore 82
  2. Rank 2AETHTProShares Ultra Ether ETFScore 76
  3. Rank 3BBTCLT-Rex 2X Long Bitcoin Daily Target ETFScore 65
  4. Rank 4BBITX2x Bitcoin Strategy ETFScore 61
  5. Rank 5CUXRPProShares Ultra XRP ETFScore 51
  6. Rank 13FTXXD21Shares 2x Long Dogecoin ETFScore 16
  7. Rank 14FTXXS21Shares 2x Long Sui ETFScore 12

Our read on each fund

ETF.net Research

BITXB2x Bitcoin Strategy ETF

TXXSF21Shares 2x Long Sui 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.

TXXS The first US ETF to put leverage on Sui. TXXS aims for two times Sui's daily price move using swaps, futures and options instead of owning the coin: a one-day tool in a leveraged crypto aisle that is otherwise mostly bitcoin and ether.

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.

TXXS The Fund seeks before-fee daily results equal to two times Sui’s daily price performance for one NAV-to-NAV day, not longer periods. It uses primarily swaps, futures, and options rather than holding Sui directly, with at least 80% exposure-consistent instruments targeted under normal circumstances.

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.
  • TXXS Listed on Nasdaq in December 2025 as the first leveraged Sui ETF in the US, in a 2x crypto aisle still built mostly around bitcoin and ether.nasdaq.com
  • No wallet, no private keys. Exposure comes from swaps, futures and options inside a 1940 Act fund, with at least 80% in exposure-consistent instruments under normal conditions.21shares.com
  • The contract is explicit: before fees, two times Sui's move from one NAV to the next, for a single day and not for longer stretches.

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.
  • TXXS Fee is 4.55% a year with no waiver in place, above the category median and above 2x crypto peers like BITU (0.95%) and BITX (2.75%).
  • Leverage resets daily, so results over weeks or months can drift far from 2x Sui's move over the same window. Choppy markets compound against the position.21shares.com
  • Small and thinly traded, so spreads and order size matter more here than in the category's heavyweights. Distributions, if any, come annually or semiannually.

Full BITX profile⁠

Full TXXS profile⁠

BITX vs TXXS 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 TXXS Cost

Overpaying TXXS vs BITX

$14,186

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

  • BITX 2.75%

    $41,266

  • TXXS 4.55%

    $55,452

$10,000
30 years

Cost over time

  • BITX 2.75%
  • TXXS 4.55%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$20K$40K$60K051015202530TXXS $55,452BITX $41,266

Year by year

YearBITXTXXSOverpaying
10$4,509$6,933$2,424
20$15,708$22,470$6,762
30$41,266$55,452$14,186

Expense ratio

  • 2.75%BITX, cheaper
  • 4.55%TXXS
  • Middle half of 2x Long Crypto funds
  • Median 2.02%

BITX 9th cheapest of 14 funds

TXXS 14th cheapest of 14 funds

BITX vs TXXS Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BITX 9.31%
TXXS No data
Payout (12M)
BITX $1.51
TXXS No data
Last payment
BITX $0.02
TXXS $0.06
Ex-dividend
BITX Oct 21, 2026
TXXS Feb 25, 2026
Paid on
BITX Oct 22, 2026
TXXS Feb 26, 2026
Frequency
BITX Monthly
TXXS Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

BITXMonthly · 30 paymentsAll BITX payments⁠
One bar per payment. 30 payments from 2024 to 2026 YTD. May 22, 2024 $0.97; Jun 25, 2024 $0.86; Jul 24, 2024 $0.68; Aug 28, 2024 $0.63; Sep 26, 2024 $0.63; Oct 29, 2024 $0.59; Nov 26, 2024 $0.61; Dec 16, 2024 $0.58; Jan 29, 2025 $0.09; Feb 26, 2025 $0.06; Mar 27, 2025 $0.53; Apr 28, 2025 $0.54; May 28, 2025 $0.52; Jun 26, 2025 $0.54; Jul 29, 2025 $0.61; Aug 27, 2025 $0.62; Sep 26, 2025 $0.61; Oct 29, 2025 $0.57; Nov 25, 2025 $0.57; Dec 15, 2025 $0.74; Jan 21, 2026 $0.03; Feb 18, 2026 $0.02; Mar 18, 2026 $0.02; Apr 22, 2026 $0.02; May 20, 2026 $0.02; Jun 17, 2026 $0.02; Jul 22, 2026 $0.01; Aug 19, 2026 $0.01; Sep 23, 2026 $0.02; Oct 21, 2026 $0.02. Use the arrow keys to read each point.$0$12026YTD
TXXSIrregular · 1 paymentAll TXXS payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Feb 25, 2026 $0.06. Use the arrow keys to read each point.$0$12026YTD

BITX vs TXXS 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%TXXS No data
Return per unit of riskSharpe ratio, 3 years
BITX 0.49TXXS No data
Worst fallMax drawdown, 5 years
BITX −83.4%since Jun 2023TXXS No data
Market sensitivityBeta, 5 years
BITX 3.22TXXS 1.99

BITX and TXXS in the news

All news⁠

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