According to Eric Balchunas, QBTX, a 2x leveraged stock ETF, surpassed $100 million in trading volume, placing it among the top 5% of ETFs by volume. The ETF, which tracks a lesser-known stock, has drawn significant attention due to its extreme volatility of around 370%. The addition of listed options further amplifies trading opportunities and risk exposure (Source: Eric Balchunas on Twitter, May 22, 2025). This surge in activity and the introduction of options are likely to attract crypto traders seeking high-risk, high-reward instruments, especially as volatility and volume trends often spill over into the cryptocurrency market.

According to Eric Balchunas, BlackRock’s head strategist will appear on Bloomberg’s ETF IQ to discuss $QBTX, which is now recognized as the most volatile ETF ever created, with volatility 4x higher than MSTU. The discussion will clarify that the 'Sell America' narrative is not returning, countering recent market speculation. Traders following $QBTX should closely monitor volatility indicators, as high ETF volatility can serve as a leading signal for risk sentiment in both equities and digital assets. Crypto investors should note that shifts in ETF volatility often spill into Bitcoin and altcoin markets, impacting short-term trading strategies. Source: Eric Balchunas on Twitter, May 19, 2025.