According to Eric Balchunas, Tuttle has filed for a 2x leveraged BYD ETF, allowing traders to gain double exposure to BYD's price movements (source: Eric Balchunas on Twitter, May 14, 2025). This leveraged ETF filing introduces new opportunities for active traders focused on electric vehicle sector volatility, which has increasingly overlapped with crypto-linked stocks. The move may draw speculative capital toward BYD and related EV equities, indirectly impacting cryptocurrencies tied to the electric vehicle supply chain.