S&P 5007,675.70▼0.0% Nasdaq26,130.20▼0.1% Dow53,463.88▼0.2% Russell 2K3,005.90▼0.1% 10-Yr4.66%+3bp VIX15.21−0.24 WTI$81.58▼0.9% Gold$4,666.20▲0.6% EUR/USD1.166▼0.1% BTC$78,800▲0.3% Nikkei66,212▼0.1%
At close · Thu, Aug 27, 2026
Daily Market Updates.

ETFs & Funds

HomeETFs & FundsETFsLeveraged and inverse ETFs surge, led by Tempus 2X and…

Leveraged and inverse ETFs surge, led by Tempus 2X and XRP 2X

Several leveraged products posted triple-digit-style momentum for the week, including Tempus AI’s 2X fund with over 85% gains and Ether-linked 2X ETFs above 60%.

ETF Trends highlighted last week’s top leveraged and inverse ETFs, noting that these funds can move quickly because they seek 2x daily exposure. Tempus AI’s 2X long ETF, TEMT, led the list with over 85% weekly gains, and the article tied the move to positive clinical trial results from Merck and Moderna and bullish analyst activity. XRPT, an actively managed fund offering 2x daily participation in XRP via near-term futures and XRP-linked instruments, returned roughly 83% for the week, with the piece pointing to a surge in institutional inflows and a broader crypto rally tied to U.S. Treasury policies. Ether-linked 2X ETFs also ranked near the top: ETHU posted over 61% weekly gains, with the source attributing the jump to higher market liquidity, political optimism, and strong institutional buying. ETHT, which tracks 2x moves in an Ether price index, likewise posted over 61% weekly returns, and the article also cited robust institutional inflows and political optimism.

type_casting_error_test

Latest closeXRP $1.406 ▼1.9%

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.