🟢 Bitcoin 2x ETF (BITU) is trading 2.05% up in pre-market as Bitcoin rebounds above $82,000

BITU is trading at $14.94, up 2.05% pre-market, supported by Bitcoin’s rebound above $82,000.

• U.S. spot Bitcoin ETFs drew $526.6 million on October 19—their largest daily inflow since September 22—signaling demand for the underlying asset.
• U.S. equity futures were modestly higher; no major U.S. economic releases were scheduled, supporting risk appetite.
• BITU targets 2x Bitcoin’s daily performance, so Bitcoin’s move can be amplified in the fund.