Geopolitics Alpha

Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know

Published . Updated .

BitMEX ended trading at 04:00 UTC Wednesday and is urging users to withdraw their remaining funds, as fees now apply to balances left on the exchange.

Directly affected

  • CRCW Crypto

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • CBRG THEMES ETF TR LEVERAGE SHS 2X

    GA selected CBRG as a RELATED security because its canonical security name directly matches this event's themes: leverage. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • CRCG LEVERAGE SHARES 2X LONG CRCL DAILY ETF

    GA selected CRCG as a RELATED security because its canonical security name directly matches this event's themes: leverage. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • CRWG LEVERAGE SHARES 2X LONG CRWV DAILY ETF

    GA selected CRWG as a RELATED security because its canonical security name directly matches this event's themes: leverage. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • FIGG THEMES ETF TR LEVERAGE SHS 2X

    GA selected FIGG as a RELATED security because its canonical security name directly matches this event's themes: leverage. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CRCW———————
IBIT———————
COIN———————
MSTR———————
MARA———————
RIOT———————
HOOD———————
CBRG———————
CRCG———————
CRWG———————
FIGG———————

BitMEX ended trading at 04:00 UTC Wednesday and is urging users to withdraw their remaining funds, as fees now apply to balances left on the exchange.

Source: Decrypt

Price since this story was published: Themes Etf Tr Leverage Shs 2X (CBRG)

Since the first closing price after “Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know,” Themes Etf Tr Leverage Shs 2X (CBRG) is -68.21%. The S&P 500 fund (SPY) is -0.09% over the same days, a -68.12% difference versus the market.

CBRG
SPY

Who gains and who loses around Themes Etf Tr Leverage Shs 2X (CBRG)

Companies carried with this story

  • CBRG Themes Etf Tr Leverage Shs 2X

    In “Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know,” Themes Etf Tr Leverage Shs 2X (CBRG) is linked, with no stored direction, medium confidence. Reason on file: GA selected CBRG as a RELATED security because its canonical security name directly matches this event's themes: leverage. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CRCG Leverage Shares 2X Long Crcl Daily Etf

    For “Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know,” Leverage Shares 2X Long Crcl Daily Etf (CRCG) is linked, with no stored direction, medium confidence. Reason on file: GA selected CRCG as a RELATED security because its canonical security name directly matches this event's themes: leverage. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CRWG Leverage Shares 2X Long Crwv Daily Etf

    Leverage Shares 2X Long Crwv Daily Etf (CRWG) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know.” Reason on file: GA selected CRWG as a RELATED security because its canonical security name directly matches this event's themes: leverage. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FIGG Themes Etf Tr Leverage Shs 2X

    Themes Etf Tr Leverage Shs 2X (FIGG) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know.” Reason on file: GA selected FIGG as a RELATED security because its canonical security name directly matches this event's themes: leverage. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • KBWB Invesco Exchange Traded Fund Tr Ii Kbw

    In “Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know,” Invesco Exchange Traded Fund Tr Ii Kbw (KBWB) is linked, with no stored direction, medium confidence. Reason on file: GA selected KBWB as a RELATED security because its canonical security name directly matches this event's themes: exchange. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BULG Themes Etf Tr Leverage Shares

    For “Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know,” Themes Etf Tr Leverage Shares (BULG) is linked, with no stored direction, medium confidence. Reason on file: GA selected BULG as a RELATED security because its canonical security name directly matches this event's themes: leverage. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Themes Etf Tr Leverage Shs 2X (CBRG)

The 23 Sep 2026 story “Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know” names Themes Etf Tr Leverage Shs 2X (CBRG) because of this story.

Themes Etf Tr Leverage Shs 2X (CBRG) is on the page because GA selected CBRG as a RELATED security because its canonical security name directly matches this event's themes: leverage. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Leverage Shares 2X Long Crcl Daily Etf (CRCG), is listed for a different reason: GA selected CRCG as a RELATED security because its canonical security name directly matches this event's themes: leverage. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates in the story, and the Themes Etf Tr Leverage Shs 2X (CBRG) price range

CBRG traded between 1.17 and 3.93 across 20 sessions. The latest close on file is 1.17. CRCG traded between 9.88 and 16.77 across 20 sessions. The latest close on file is 11.26. CRWG traded between 7.83 and 20.60 across 20 sessions. The latest close on file is 8.47.

How strong the case is around Themes Etf Tr Leverage Shs 2X (CBRG)

46 out of 100

“Crypto Exchange That Invented 100x Leverage Is No More: Here’s What BitMEX Users Need to Know” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.