right now, the altcoins are struggling. If btc farts, it will shit on the altcoins. If btc remains stable for 24 hours, the altcoins will come alive, but hopefully btc won't fart tonight...
Dear user, the underlying essence of ETF is contract trading. The target is the ups and downs of the contract market, and then ETF also adjusts positions. When the underlying positions change, the corresponding ups and downs will not match. The platform will have irregular balance and regular rebalancing. When the rise or fall is too large or at 0:00 every day, the leverage ratio will be fixed back to 3 times or 5 times leverage. For more questions about the rise and fall of ETF products, you can click on the link in the help center for details Check out https://www.gate.ac/zh/help/trade/leverage_tokens/17369/guide-to-leveraged-etf-products-chapter-ii