LeverageShares will launch Europe’s first 3x and –3x bitcoin and ether ETFs next week on Switzerland’s SIX exchange.
The lineup includes four leveraged ETPs designed to deliver triple the daily gains or losses of BTC and ETH using derivatives and debt. The launch comes amid falling demand for crypto ETFs, with nearly $4 billion withdrawn from spot bitcoin and ether ETFs this month.
Bitcoin recently fell below $84,000, while Ethereum remains under pressure. Despite the downturn, equity ETFs continue attracting inflows, showing shifting investor preferences.
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