Geopolitics Alpha

Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance

Published . Updated .

Ethena is adding Binance bStocks and equity perpetuals to the basis trade used for USDe's backing strategy.

Directly affected

  • MSTR Strategy

    Named in this report.

Indirectly affected

  • GDE WISDOMTREE EFFICIENT GOLD PLUS EQUITY STRATEGY FUND

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

  • VUSE VIDENT U.S. EQUITY STRATEGY ETF

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

  • BITX 2X BITCOIN STRATEGY ETF

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

  • DXJ WISDOMTREE JAPAN HEDGED EQUITY FD ETF

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

  • NVDY YIELDMAX NVDA OPTION INCOME STRATEGY ETF

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

  • TSLY YIELDMAX TSLA OPTION INCOME STRATEGY ETF

    GA selected TSLY as a RELATED security because its canonical security name directly matches this event's themes: strategy. 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
MSTR———————
GDE———————
VUSE———————
BITX———————
DXJ———————
NVDY———————
TSLY———————

Ethena is adding Binance bStocks and equity perpetuals to the basis trade used for USDe's backing strategy.

Source: The Block

Wisdomtree Efficient Gold Plus Equity Strategy Fund (GDE) since this story, compared with the market

Since the first closing price after “Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance,” Wisdomtree Efficient Gold Plus Equity Strategy Fund (GDE) is +0.11%. The S&P 500 fund (SPY) is +0.15% over the same days, a -0.03% difference versus the market.

GDE
SPY

Who gains and who loses around Wisdomtree Efficient Gold Plus Equity Strategy Fund (GDE)

Companies tied to this story

  • GDE Wisdomtree Efficient Gold Plus Equity Strategy Fund

    Wisdomtree Efficient Gold Plus Equity Strategy Fund (GDE) is linked, with no stored direction, medium confidence in the 25 Sep 2026 story “Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance.” Reason on file: GA selected GDE as a RELATED security because its canonical security name directly matches this event's themes: strategy, equity. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • VUSE Vident U.S. Equity Strategy Etf

    For “Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance,” Vident U.S. Equity Strategy Etf (VUSE) is linked, with no stored direction, medium confidence. Reason on file: GA selected VUSE as a RELATED security because its canonical security name directly matches this event's themes: strategy, equity. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BITX 2X Bitcoin Strategy Etf

    2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence in the 25 Sep 2026 story “Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance.” Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • DXJ Wisdomtree Japan Hedged Equity Fd Etf

    In “Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance,” Wisdomtree Japan Hedged Equity Fd Etf (DXJ) is linked, with no stored direction, medium confidence. Reason on file: GA selected DXJ as a RELATED security because its canonical security name directly matches this event's themes: equity. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • NVDY Yieldmax Nvda Option Income Strategy Etf

    For “Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance,” Yieldmax Nvda Option Income Strategy Etf (NVDY) is linked, with no stored direction, medium confidence. Reason on file: GA selected NVDY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • TSLY Yieldmax Tsla Option Income Strategy Etf

    For “Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance,” Yieldmax Tsla Option Income Strategy Etf (TSLY) is linked, with no stored direction, medium confidence. Reason on file: GA selected TSLY as a RELATED security because its canonical security name directly matches this event's themes: strategy. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Wisdomtree Efficient Gold Plus Equity Strategy Fund (GDE)

Wisdomtree Efficient Gold Plus Equity Strategy Fund (GDE) is the company in “Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance,” the 25 Sep 2026 this story story.

Wisdomtree Efficient Gold Plus Equity Strategy Fund (GDE) is on the page because GA selected GDE as a RELATED security because its canonical security name directly matches this event's themes: strategy, equity. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Vident U.S. Equity Strategy Etf (VUSE), is listed for a different reason: GA selected VUSE as a RELATED security because its canonical security name directly matches this event's themes: strategy, equity. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Price levels for Wisdomtree Efficient Gold Plus Equity Strategy Fund (GDE)

BITX traded between 17.70 and 21.33 across 20 sessions. The latest close on file is 18.59. GDE traded between 62.95 and 67.64 across 20 sessions. The latest close on file is 63.66. VUSE traded between 72.30 and 73.76 across 12 sessions. The latest close on file is 72.67.

How strong the case is around Wisdomtree Efficient Gold Plus Equity Strategy Fund (GDE)

46 out of 100

“Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.