CONL is trading 7.5% down in pre-market action as overnight pressure on cryptocurrencies and a broader risk-off tone in equity futures weigh on the fund.
- The ETF, which provides 2x daily exposure to Coinbase, is seeing amplified downward pressure following a strong 12.2% surge in the prior regular session.
- With Bitcoin and Ethereum both trading lower and index futures pointing to a weak open, leveraged crypto-linked products are experiencing heightened volatility.