September Effect Could Push This Bearish Crypto ETF Higher
September 05, 2024 at 10:25 AM EDT
Since its inception in mid-July, the Direxion Daily Crypto Industry Bear 1X Shares (REKT) has gained just over 8% and more could come if history repeats itself when it comes to the “September Effect.” After an August 5 sell-off, the S&P 500 has largely recovered en route to its upward trajectory. Bitcoin also dipped lower, [...] The post September Effect Could Push This Bearish Crypto ETF Higher appeared first on ETF Trends .