According to Eric Balchunas citing @psarofagis, the rapid growth of 2x single stock ETFs has reached a milestone, now accounting for 16% of all ETF launches with 15 issuers participating and projected inflows of $20 billion. These leveraged products are becoming increasingly popular with traders seeking high-risk, high-reward opportunities. The surge in these ETFs is drawing significant liquidity and speculative trading activity, which could influence short-term volatility in traditional equity markets and spill over into crypto markets as traders seek similar leveraged products and volatility plays. This trend reflects a broader appetite for leveraged instruments among active traders and may signal increased cross-market risk appetite. (Source: Eric Balchunas via Twitter, June 5, 2025)