Investors are pouring millions into 2x leveraged Bitcoin (BTC) exchange-traded funds (ETFs), hoping for high returns from BTC's price volatility. However, these funds often underperform due to high management fees and inefficient strategies. For those seeking risk-on BTC bets, crypto futures exchanges are a better option. Coinbase and the Chicago Mercantile Exchange have launched user-friendly futures contracts, offering more flexibility and cost efficiency than leveraged ETFs. However, futures trading also comes with its own complexities and risks, and contracts must be regularly rolled over.