Traders pour into leveraged ETFs, gold in bid to weather volatility — Bloomberg 📈
Traders are adopting opposing strategies, investing in both leveraged ETFs and safe-haven assets like gold and cash to face market volatility, reports Bloomberg Intelligence.
Leveraged long ETFs and Bitcoin ETFs have seen significant inflows as traders buy and hedge dips simultaneously.
Bitcoin's price recently rebounded to $93,000, showcasing resilience amid tariff-induced market turbulence.
Although termed "digital gold," Bitcoin's low correlation with traditional safe haven gold and equities continues.
Amidst this volatility, cryptocurrency exchanges are benefiting from increased derivatives trading activity.