QBTX
Tradr 2X Long QBTS Daily ETF
📎 Investment Objective
The Tradr 2X Long QBTS Daily ETF (QBTX) seeks to provide 2x the daily return of the QBTS index, which tracks the performance of a basket of cryptocurrencies.
Overview
ETF tracking Tradr 2X Long QBTS Daily ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Tradr 2X Long QBTS Daily ETF (QBTX) seeks to provide 2x the daily return of the QBTS index, which tracks the performance of a basket of cryptocurrencies.
🎯 Investment Strategy
The fund uses derivatives and leveraged positions to amplify the daily returns of the underlying cryptocurrency index. It does not aim to track the index over periods longer than one day.
✨ Key Features
- Provides 2x leveraged exposure to a basket of cryptocurrencies
- Resets leverage daily, so performance may deviate significantly from the index over time
- Relatively high expense ratio compared to non-leveraged crypto ETFs
- Very low assets under management, indicating low trading volume and liquidity
⚠️ Primary Risks
- Extremely high volatility and risk due to the leveraged nature of the fund
- Potential for significant losses if the underlying cryptocurrencies decline in value
- Tracking error and compounding effects can lead to divergence from the index over longer holding periods
- Low trading volume and liquidity may result in wider bid-ask spreads and difficulty executing trades
👤 Best For
This ETF is intended for experienced, risk-tolerant investors who have a very short-term investment horizon and are comfortable with the high volatility and risks associated with leveraged cryptocurrency exposure. It is not suitable for long-term or conservative investors.
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