Tradr 2X Long WULF Daily ETF is trading at $48.77 (-3.76%) as crypto and AI-linked risk appetite weakens amid a broader retreat in growth stocks.
- The move is driven by leveraged exposure to TeraWulf (WULF), which is under pressure following a CPI print that renewed caution regarding higher-for-longer interest rates.
- Broader market sentiment is softer, with tech and growth sectors facing headwinds as investors reassess risk exposure in the current macroeconomic environment.
- As a 2x leveraged product, the ETF is experiencing amplified volatility, translating the decline in the underlying asset into a larger percentage drop.