Turns out in the US-Iran war trade, the thing that rose the most wasn’t crude oil, and it wasn’t gold either—it was the oil tankers.
Breakwave Tanker Freight ETF, $BWET: last year $13.58, today $786—up nearly 60-fold.
But the funding rate seems pretty high, around 3.5%.
If you look at it through a local geopolitics index, maybe it’s better than holding it as a position?
But has there been a way to get an exchange listing? I feel like I’m pretty strong right now—so scary! 🥹
Breakwave Tanker Freight ETF, $BWET: last year $13.58, today $786—up nearly 60-fold.
But the funding rate seems pretty high, around 3.5%.
If you look at it through a local geopolitics index, maybe it’s better than holding it as a position?
But has there been a way to get an exchange listing? I feel like I’m pretty strong right now—so scary! 🥹
