Leveraged Funds Soar on Bitcoin Rally and Company News

Last week's top-performing leveraged and inverse ETFs saw significant gains due to various market factors. The TEMT ETF, which provides 2x exposure to Tempus AI Inc.'s daily price movement, topped the list with over 68% weekly gains.

This surge in Tempus stock was driven by bullish analyst coverage, favorable diagnostic reimbursement updates, and its acquisition of Personalis, a developer of genomic tumor-profiling technology used in Merck and Moderna's cancer vaccines.

MSTP, another top performer, provided 2x leveraged exposure to Strategy Inc.'s daily price movement and gained over 33% last week. This was largely due to the massive rally in Bitcoin past $85,000 and Strategy's active resumption of digital asset purchases.