🔴 CONL ETF (CONL) is trading 3.1% down today as crypto sentiment cools after last week's rebound

CONL ETF (CONL) is trading 3.1% down today as crypto sentiment cools following a sharp rebound late last week.

• The ETF’s decline mirrors softer prices in major cryptocurrencies like Bitcoin and Ethereum as the recent rally loses momentum.
• With no major U.S. economic data on the calendar, the move is primarily attributed to fading risk appetite in the digital asset sector rather than a specific macro shock.
• The leveraged Coinbase play is underperforming despite a modestly risk-on backdrop in broader equity futures markets.