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Leverage Shares 2X Long CRWV Daily ETF (CRWG)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
17.95 USD -1.16 (-6.070%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 17.92 -0.03 (-0.030%) ⇩ (Aug. 28, 2026, 7:57 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 1:45 a.m. EDT

The short-term outlook is severely compromised by a dangerous options structure. The market is pricing in a potential freefall to single-digit prices within weeks, evidenced by the massive, naked put positions at strikes like 4.0 and 5.0. This is not a standard hedging strategy; it is a speculative bet on a disaster. The recent price action shows extreme volatility, swinging from lows near 19.63 to highs of 30.25, confirming the asset's instability. However, the long-term rating remains neutral because the security is a leveraged daily ETF tracking CoreWeave. Leveraged products are designed for short-term trading, not long-term holding, and the underlying business quality cannot be assessed without the parent company's specific financials, which are absent here. The lack of a multi-year price history prevents a definitive judgment on the underlying business trajectory, leaving the long-term view stuck at neutral despite the chaotic short-term mechanics.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.748013
AutoETS0.749728
AutoARIMA0.749753
AutoTheta0.852202

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 25%
H-stat 9.97
Ljung-Box p 0.000
Jarque-Bera p 0.454
Excess Kurtosis -0.89

As of Aug. 22, 2026, 1:45 a.m. EDT: Speculators are aggressively positioning for a massive downside event in the near term. For the August expiration, there is a staggering concentration of put open interest at strikes far below the current price (4.0 and 5.0), creating a 'naked put' scenario where sellers face unlimited risk if the price drops. This is contrasted by a lack of protective call buying at these low levels. While some speculative call volume exists at higher strikes (27.0, 40.0), the overwhelming capital deployment is in deep out-of-the-money puts, suggesting a bet on a catastrophic collapse rather than a standard correction.


Dividend Data

Dividend History
Date Dividend Yield %
2025-12-30 2.0 6.872852
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0

Info Dump

Attribute Value
All Time High 196.3
All Time Low 10.66
Ask 28.27
Ask Size 2
Average Daily Volume10 Day 1,288,870
Average Daily Volume3 Month 1,644,137
Average Volume 1,644,137
Average Volume10Days 1,288,870
Beta3 Year 0.0
Bid 16.87
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 19.4773
Day Low 17.506
Display Name Perigee
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.3093
Fifty Day Average Change -5.3592987
Fifty Day Average Change Percent -0.22992106
Fifty Two Week Change Percent -71.64688
Fifty Two Week High 165.95
Fifty Two Week High Change -148.0
Fifty Two Week High Change Percent -0.8918349
Fifty Two Week Low 10.66
Fifty Two Week Low Change 7.290001
Fifty Two Week Low Change Percent 0.683865
Fifty Two Week Range 10.66 - 165.95
First Trade Date Milliseconds 1,754,919,000,000
Full Exchange Name NasdaqGM
Fullday Change -1.16
Fullday Change Percent -6.07012
Fullday Price 17.92
Fund Family Themes ETF Trust
Fund Inception Date 1,754,611,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-08-11
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed ETF. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of CRWV, consistent with the fund’s investment objective. The fund is non-diversified.
Long Name Leverage Shares 2X Long CRWV Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1871799081
Nav Price 19.6776
Net Assets 104,298,480.0
Net Expense Ratio 0.77
Open 18.285
Post Market Change -0.030000687
Post Market Change Percent -0.16713473
Post Market Price 17.92
Post Market Time 1,787,961,429
Previous Close 19.11
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.16
Regular Market Change Percent -6.07012
Regular Market Day High 19.4773
Regular Market Day Low 17.506
Regular Market Day Range 17.506 - 19.4773
Regular Market Open 18.285
Regular Market Previous Close 19.11
Regular Market Price 17.95
Regular Market Time 1,787,947,201
Regular Market Volume 682,912
Short Name Leverage Shares 2X Long CRWV Da
Source Interval 15
Symbol CRWG
Total Assets 104,298,480
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -68.75292
Trailing Three Month Returns -68.75292
Triggerable 1
Two Hundred Day Average 34.935425
Two Hundred Day Average Change -16.985424
Two Hundred Day Average Change Percent -0.48619485
Type Disp ETF
Volume 682,912
Ytd Return -46.79871