BITX is trading at $14.91, up +9.15%, as Bitcoin and broader cryptocurrency markets rally after President Trump urged Congress to pass the CLARITY Act.
- Reuters reported Bitcoin moved above $70,000; Coinbase gained 8.4% and Strategy rose 10%.
- BITX gained 11.78% on August 19, amplifying momentum in this leveraged Bitcoin ETF.
- The broader market is slightly lower, so crypto-sector strength is the primary driver.