ProShares Ultra Bitcoin ETF (BITU) may not suit long-term investors. There is further downside risk of up to 30% from current levels. See more here.
Mike Fay is an Analyst at Seeking Alpha. He primarily covers areas such as cryptocurrency, BTC miners, and media equities, sharing insights on alternative investments and investment strategies based on his own capital experiences. Mike's work has also been featured in The Ellsworth American and he writes the Heretic Speculator newsletter on Substack.














