The newly launched Leverage Shares 2X Long SPCX Daily ETF (SPCH) tied to SpaceX stock surged with $1.3 billion in trading volume on its second day, surpassing the record set by BlackRock's iShares Bitcoin Trust (IBIT) in 2024. Despite heavy competition from multiple leveraged and inverse SpaceX ETFs, SPCH captured nearly half of the market volume, signaling strong investor interest. However, experts caution that 2X leveraged ETFs like SPCH are designed for daily trading and can suffer from volatility decay, making them risky for long-term holding. Investors should treat these as short-term trading tools rather than buy-and-hold investments.
Bitcoin rose over 5% this week, marking its first gain in five weeks, but remains below the $70,000 mark and down 25% year-to-date. Ether also recovered, climbing over 9%, yet it stays below $2,000 and is down about 40% for the year. Both cryptocurre...
Following the SEC's January 2024 approval of spot Bitcoin ETFs, iShares Bitcoin Trust ETF (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) have emerged as the top contenders. Both ETFs hold actual Bitcoin and charge a 0.25% fee, but differ in cust...
On June 12, 2026, US Bitcoin spot ETFs recorded their highest single-day net cash inflow of $85.85 million, equivalent to about 1,350 BTC. This surge ended the longest outflow streak of 2026, with major ETFs like BlackRock’s iShares Bitcoin Trust see...
