LS 3X Long (3CON) | News Based Sentiment Analysis

• On August 11, 2025, the Leverage Shares 3x Long Coinbase ETP (3CON.MI) saw a significant jump, increasing by 27.80% from €5.94 to €7.60, with a trading volume of 95 thousand shares totaling approximately €717.92 thousand. This surge, however, didn't erase prior losses, as the fund still showed a 1-month decline of -53.86% as of August 13, 2025.
• Despite the initial rally, a sell signal issued on July 21, 2025, continued to weigh on the ETF, and by August 29, 2025, the price had fallen -73.32% since that signal. Analysts identified support levels at €5.30 and €5.16, suggesting potential price floors, but also highlighted increased volume on falling prices as a warning sign.
• The 3CON.MI stock experienced a series of declines in late August. On August 26, 2025, it closed at €5.66, a 10.08% decrease from the previous day, fluctuating between €5.50 and €5.94 during trading. This downward trend continued on August 29, 2025, with a further -5.40% drop, closing at €5.66, down from €5.99.
• Over the 10 days leading up to August 29, 2025, the price of the ETF decreased by -17.04%, indicating sustained selling pressure. The ETF traded between €5.50 and €5.87 on August 29, 2025, with a volume of 111 thousand shares (€629.08 thousand).
• Historical performance data was updated on August 28, 2025, but the overall picture remained challenging. The 52-week high for the ETP is €48.47, and the 52-week low is €1.05, highlighting the extreme volatility of the fund.

The Investment Story: August proved to be a volatile month for the Leverage Shares 3x Long Coinbase ETP, with an initial surge quickly followed by a sustained decline, reinforcing the high-risk nature of leveraged cryptocurrency ETFs.

What It Means for Investors: The significant price drops and continued sell signals suggest that this ETF remains a highly speculative investment. Investors should be aware of the substantial losses experienced year-to-date (-42.91% as of August 13, 2025) and the potential for further declines, especially given the negative technical indicators.

Looking Ahead: Investors should closely monitor the support levels at €5.30 and €5.16, as well as trading volume, for further indications of market sentiment. Any positive news regarding Coinbase could provide a boost, but the overall cryptocurrency market conditions will likely be a key driver of performance.

The Bottom Line: The Leverage Shares 3x Long Coinbase ETP continues to be a high-risk, high-reward investment. The recent volatility and negative performance trends suggest caution is warranted, and investors should carefully consider their risk tolerance before investing.