Leverage Shares 2X Long BLSH Daily ETF (BLSG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
2.99 USD
-0.11
(-3.548%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 2.89 -0.10 (-0.100%) ⇩ (Aug. 28, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:15 a.m. EDT
This instrument is a classic 'value trap' disguised as a trade. The price has collapsed from a high of $16.20 to roughly $2.57, a destruction of capital that reflects the reality of holding a 2x leveraged ETF without a corresponding underlying asset surge. The recent price action shows a violent, erratic bounce, but the heavy volume relative to the average suggests panic selling or desperate hedging rather than a genuine recovery. With zero dividends and a complete absence of long-term price history to suggest a turnaround, there is no fundamental floor here other than zero. The statistical forecast leans negative, which aligns with the mechanical decay of leverage in a flat or falling market. This is not a buy; it is a cautionary tale of compounding losses. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.886315 |
| AutoTheta | 0.940461 |
| AutoARIMA | 1.004845 |
| AutoETS | 1.008162 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 14.16 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.083 |
| Excess Kurtosis | -0.29 |
As of Aug. 22, 2026, 5:15 a.m. EDT: Speculators are positioning for extreme volatility rather than a specific directional move. The August expiration shows massive implied volatility (31.5%) concentrated in the put side, suggesting fear of a sharp drop, while the November call chain shows elevated IV (3.63x ATM) at deep strikes, indicating bets on a massive rally. However, the lack of meaningful open interest in standard OTM calls for near-term expirations and the dominance of ATM/ITM positioning suggests traders are hedging against the inherent decay of a leveraged product rather than betting on a sustained trend.
| Attribute | Value |
|---|---|
| All Time High | 16.199 |
| All Time Low | 1.26 |
| Ask | 2.0 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 271,840 |
| Average Daily Volume3 Month | 143,341 |
| Average Volume | 143,341 |
| Average Volume10Days | 271,840 |
| Beta3 Year | 0.0 |
| Bid | 1.2 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 3.13 |
| Day Low | 2.86 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.9008 |
| Fifty Day Average Change | 1.0892 |
| Fifty Day Average Change Percent | 0.5730219 |
| Fifty Two Week Change Percent | -81.54207 |
| Fifty Two Week High | 16.199 |
| Fifty Two Week High Change | -13.209 |
| Fifty Two Week High Change Percent | -0.8154207 |
| Fifty Two Week Low | 1.26 |
| Fifty Two Week Low Change | 1.73 |
| Fifty Two Week Low Change Percent | 1.3730159 |
| Fifty Two Week Range | 1.26 - 16.199 |
| First Trade Date Milliseconds | 1,761,571,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.11 |
| Fullday Change Percent | -3.54838 |
| Fullday Price | 2.89 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,761,264,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-10-27 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the underlying security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of the underlying security, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Leverage Shares 2X Long BLSH Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1960872452 |
| Nav Price | 3.1107 |
| Net Assets | 1,211,591.0 |
| Net Expense Ratio | 0.79 |
| Open | 3.13 |
| Post Market Change | -0.099999905 |
| Post Market Change Percent | -3.3444784 |
| Post Market Price | 2.89 |
| Post Market Time | 1,787,961,456 |
| Previous Close | 3.1 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.109999895 |
| Regular Market Change Percent | -3.5483837 |
| Regular Market Day High | 3.13 |
| Regular Market Day Low | 2.86 |
| Regular Market Day Range | 2.86 - 3.13 |
| Regular Market Open | 3.13 |
| Regular Market Previous Close | 3.1 |
| Regular Market Price | 2.99 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 201,159 |
| Short Name | Leverage Shares 2X Long BLSH Da |
| Source Interval | 15 |
| Symbol | BLSG |
| Total Assets | 1,211,591 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -72.81039 |
| Trailing Three Month Returns | -72.81039 |
| Triggerable | 1 |
| Two Hundred Day Average | 4.836475 |
| Two Hundred Day Average Change | -1.8464749 |
| Two Hundred Day Average Change Percent | -0.38178113 |
| Type Disp | ETF |
| Volume | 201,159 |
| Ytd Return | -78.32606 |