Tradr 2X Long WULF Daily ETF is trading 8% down today as its underlying stock, TeraWulf (WULF), pulls back following a rapid multi-day surge driven by AI and high-performance computing (HPC) demand.
- The ETF’s losses are magnified relative to the single-stock decline due to its 2x daily leveraged exposure to WULF.
- Broader profit-taking across the AI and high-beta technology sectors is adding further downward pressure on the instrument.