BITU is trading at $15.23, up +2.97%, as Bitcoin rebounded sharply overnight. - Bitcoin rose 2.51% in four hours to $83,369 by 12:09 a.m. ET, after trading at $81,326. - Short liquidations coincided with the rebound: $7.27 million in shorts were liquidated across three exchanges in the reported hour. - BITU targets 2x Bitcoin’s daily performance, amplifying its moves; the Bitcoin move is the clearest catalyst for BITU’s rise.