Leveraged

South Korean funeral company reveals $33 million loss on leveraged ether ETF bet

A South Korean funeral services company has reported an unrealized loss of about 45 billion won ($33 million) tied to investments in leveraged ether (ETH) exchange-traded funds (ETFs). The Seoul-based Bumo Sarang, Korean for Parental Love, invested in the T-REX 2X Long BMNR Daily Target… Read More

Teucrium CEO Praises ‘XRP Army,’ Calls Firm’s Leveraged XRP ETF Uptake ‘Extraordinary’

7 months ago by Crypto InsightsCrypto

Investor demand for XRP is “enormous,” Teucrium Trading President and CEO Sal Gilbertie said during an interview on CNBC’s “ETF Edge,” crediting the “XRP Army” for rapid traction and calling the fund his firm’s most successful launch to date. Gilbertie said inflows reached “hundreds of… Read More