Traders pour into leveraged ETFs, gold in bid to weather volatility

In response to market volatility, traders are diversifying their strategies by investing in both leveraged ETFs and gold. Bloomberg Intelligence reports that this trend is driven by record inflows into these funds.

Bitcoin has showcased remarkable resilience amidst recent market fluctuations, recently reclaiming a spot price of over 90,000 USD. Its performance stands in contrast to equities, reflecting its unique market behavior.

Crypto exchanges are capitalizing on the increased volatility, especially through derivatives trading. The net open interest in Bitcoin futures has surged past 30%, totaling approximately 28 billion USD.

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