Despite the decline in Coinbase's stock price, interest in highly leveraged long exchange-traded funds (ETFs) remains robust. This surge indicates that investors are still bullish on the future potential of cryptocurrencies and related assets. The leveraged ETFs allow investors to gain higher exposure to movements in the price of crypto assets, amplifying potential returns for those betting on a rebound. Although Coinbase's stock has struggled in recent months, it hasn't deterred firms from launching new products aimed at capitalizing on anticipated price recoveries in the cryptocurrency market. This trend highlights the resilience of investor sentiment in the face of market challenges and the ongoing demand for innovative investment vehicles in the crypto space. The continued rollout of these long ETFs suggests that many traders are positioning themselves for future gains, mirroring patterns seen in other volatile markets.

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