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These Three Altcoins Just Got Leveraged Crypto ETFs

These Three Altcoins Just Got Leveraged Crypto ETFs

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 billion, and $5.6 billion, as of Wednesday afternoon, according to CoinGecko.

In addition to the 2x ETFs, Volatility Shares debuted funds that offer traditional exposure to futures for Cardano, Stellar, and Chainlink. Previously, Volatility Shares moved to establish 2x ETFs for Bitcoin, Ethereum, Solana, and XRP.

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