Shanghai Spot Copper] Intraday trading in the spot market improved somewhat from yesterday. Suppliers still showed willingness to hold prices firm, but some suppliers’ sell-offs temporarily weighed on ...
2x Bitcoin Strategy ETF (NYSEARCA:BITX) delivers twice the daily price movement of Bitcoin through futures contracts. That leverage is working against investors. BITX dropped 33% over the past week ...
1116 ET – Oil futures extend losses as the market shows signs of slipping into contango, where the nearby months are cheaper than subsequent months. That’s a “very bearish signal,” suggesting demand ...
BITO has dropped 52% year-to-date while Bitcoin fell only 25% from its November peak due to futures contango costs. The fund’s futures-based structure creates persistent underperformance. Rolling ...
2x Bitcoin Strategy ETF (BITX) fell 33% in the past week as Bitcoin dropped 16%. Daily reset mechanisms amplified the decline. BITX is down 40% year to date while Bitcoin declined only 20%. The fund ...
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