Bullish
Bitget Launches Perpetual Contracts for Five Stocks and ETFs
2026-08-05 11:59
Bitget introduces perpetual contracts for PEP, BKNG, GFS, and SPCX leveraged ETFs, featuring USDT settlement, 20x leverage, and round-the-clock trading availability.
Woofun AI reports that Bitget has introduced perpetual contracts for five equity and ETF assets: PepsiCo (PEP), Booking Holdings (BKNG), GlobalFoundries (GFS), along with the 2x short SPCX ETF (SSPC) and 2x long SPCX ETF (SPCH). These instruments utilize USDT for settlement, provide leverage up to 20x, and enable continuous 24/7 trading.
WOOFUN AI
Impact Assessment · Quick Read
The expansion into stock perpetuals allows crypto-native traders to gain exposure to traditional equities without leaving the exchange. Offering high leverage on major names like PepsiCo and semiconductor firm GlobalFoundries may attract speculative capital seeking asymmetric returns. However, the inclusion of leveraged ETFs like SSPC and SPCH adds complexity, potentially increasing volatility risk for retail participants.
Generated by WOOFUN AI · For reference only, not investment advice
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