Trade.xyz Launches Perpetual Market for U.S. Biotech ETF XBI with 10x Leverage

BlockBeats news, on August 27, Trade.xyz announced that the perpetual market for State Street SPDR S&P Biotech ETF (XBI) is now live, supporting 10x leverage and offering 24/7 trading, 365 days a year. XBI corresponds to one share of the State Street SPDR S&P Biotech ETF, priced in USD. This ETF is listed on NYSE Arca and tracks the S&P Biotechnology Select Industry Index, which uses an adjusted equal-weight methodology to cover biotech companies in the U.S. market.