Looks like those leveraged crypto ETFs from Strategy are taking a beating in this downturn. When the market dips, leveraged products amplify the pain—that's the double-edged sword everyone talks about. Anyone holding these needs to watch their risk exposure carefully. The volatility is real, and 2x or 3x leverage can wipe out positions faster than you'd think. This slump is a brutal reminder that leverage works both ways—massive gains in bull runs, but equally savage losses when things reverse. Risk management isn't optional with these instruments.