ProShares to Launch Double Long ETF on SpaceX Listing Day, Surging Demand for Leveraged Trading on Hot IPOs

June 10: "White-Haired Stock God" Serenity weighed in on the U.S. stock market’s pre-market session, noting that the optical communication sector turned positive, with AAOI and AXTI surging sharply. Serenity expressed satisfaction with the slight rebound in optical concept stocks, highlighting names like LITE, AAOI, and SIVE. He added that the prior market sell-off was nothing but foolishness.

BITCOIN SURGES PAST $62K, LIFTING U.S. CRYPTO-RELATED STOCKS IN MORNING TRADING June 10 – Per Bitget market data, U.S. crypto stocks rallied in Thursday morning trading following Bitcoin’s breakthrough above $62,000. Key gainers among these equities: MicroStrategy (MSTR) +3.32%, Coinbase (COIN) +3.7%, Circle (CRCL) +2.4%, BitMine Immersion (BMNR) +0.4%, SharpLink Gaming (SBET) +1.7%.

June 10 – Per Bitget market data, U.S.-listed optical communication stocks broadly turned positive after the U.S. stock market opened, with the following moves: - The Pure Photonic ETF (FOTO) rose 1.25%. - Marvell Technology (MRVL), a stock recommended by Jensen Huang, slipped 0.4%. Earlier, Huang named it the next trillion-dollar market cap company. - AAOI (Applied Optoelectronics) surged 8.6%. The company manufactures high-speed optical modules (800G/1.6T), focusing on transceivers for AI data centers. - LITE (Lumentum Holdings) gained 3.68%. It is a leading supplier of optical communication lasers and modules, and a key player in AI data center development. - COHR (Coherent Corp.) added 0.17%. The firm is a top provider of lasers, optical components, and photonic solutions, covering both data center and industrial applications. - CIEN (Ciena Corporation) edged up 0.04%. It produces high-speed SerDes and connectivity chips, specializing in low-power interconnects for AI data centers.

On June 10th, per HTX market data, Bitcoin’s price topped $62,000, with its 24-hour price decrease narrowing to 0.21%.

June 10 — Market data from Bitget shows that stocks in the semiconductor and storage sectors of the U.S. stock market saw broad declines in early trading, with individual stock movements as follows: Advanced Micro Devices (AMD) down 1.3%; Qualcomm (QCOM) down 1.4%; Seagate Technology (STX) down 3.1%; Western Digital (WDC) down 3.3%; SanDisk (SNDK) up 0.5%; and Micron Technology (MU) down 1.7%.

June 10: Bloomberg ETF analyst Eric Balchunas revealed that BlackRock has submitted the fourth and possibly final version of its S-1 filing for the new iShares Bitcoin Premium Income ETF (BITA). For the first time, the fund’s 0.65% management fee was disclosed— a rate higher than fees for comparable products such as BlackRock’s own spot Bitcoin ETF, IBIT. BITA is designed to deliver income-enhanced returns through a strategy that combines holding direct Bitcoin exposure with selling call options on the cryptocurrency. The product is widely anticipated to secure regulatory approval and launch on exchanges imminently.