$2x Bitcoin Strategy ETF (BITX.US)$ BTC down 0.5% and BITX down 2.8%? How does this work?

Hello Mooers,
A short overview of equal weighted FANG, FAANG, and the Magnificent Seven YTD performance, rounded to 5 decimal places.
FANG 24.5925%
FAANG 17.57%
Magnificent Seven 18.86%
A quick overview of the stocks and their YTD performance inside FANG, FAANG, and the Magnificent Seven is provided below.
FANG
$Meta Platforms (META.US)$43.97%
$Amazon (AMZN.US)$17.72%
$Netflix (NFLX.US)$28.99%
$Alphabet-C (GOOG.US)$7.69%...

Hi, mooers!
🍁Welcome back to the "Maple Market Challenge"!  
📖First thing first, let's reveal the answer to last week's quiz: Which Canadian bank is the largest by market capitalization? The answer is $Royal Bank of Canada (RY.CA)$! Also known as the Royal Bank of Canada, it's the largest financial institution in Canada, with a market cap of over $128 Billion as of Q4 2023.
👏 A big round of applause to those who...

2023 was a year of uncertainty and adjustments for the US stock market, as investors navigated a complex landscape of economic and monetary policy changes. While the year saw periods of both optimism and pessimism, the overarching narrative remains focused on the Fed's actions and their impact on the broader economy.
To evaluate US stock market performance, let's review the $S&P 500 Index (.SPX.US)$'s progress this year:
*Images prov...