In brief
- Volatility Shares debuted leveraged ETFs for Cardano, Stellar, and Chainlink.
- The offerings dovetail with others offered by the firm that established the first leveraged crypto ETF in the U.S. in 2023.
- Volatility Shares filed for 3x and 5x leveraged ETFs last year, which covered cryptocurrencies and firms like Coinbase.
Volatility Shares debuted three exchange-traded funds that amplify price swings for cryptocurrencies on Wednesday, adding to the growing list of vehicles enabling traders to speculate on the digital assets with leverage.
The ETFs offer 2x exposure to Cardano, Stellar, and Chainlink, representing some of the largest altcoins in the cryptocurrency market. Their respective market caps clock in at $9 billion, $6.3…
