According to Eric Balchunas, the newly launched TEMT 2x Tempus quantum stock ETF recorded a dramatic 28% price surge, with $50 billion in trading volume and a staggering 331% volatility—approximately 20 times that of the S&P 500 (SPX) (source: Eric Balchunas, Twitter, June 2, 2025). This explosive performance signals heightened risk appetite and speculative trading, a trend that often spills over into high-beta sectors like cryptocurrency. Crypto traders should closely monitor liquidity flows and volatility in leveraged ETFs, as they can drive correlated swings in major assets like Bitcoin and altcoins when traditional markets experience outsized moves.