Global X Cannabis ETF Price & Performance (POTX)

Cannabis stocks posted double-digit gains this week, propelled by renewed speculation over U.S. banking reform and reports that former President Trump is privately advocating for cannabis banking legislation. Despite the rally, analysts urge caution, citing the lack of concrete policy movement and lingering regulatory uncertainties.12

Global X Investments Canada has submitted a preliminary prospectus to launch six new triple-leveraged and inverse ETFs. These products would offer daily +3x or -3x exposure to major U.S. indices, including the S&P 500, Nasdaq-100, and Russell 2000, expanding leveraged investment options for Canadian traders pending regulatory approval.34

Global X recently introduced two S&P 500-focused ETFs that screen for companies with predominantly domestic revenue. These funds aim to help investors reduce exposure to international trade risks, a growing concern as global economic tensions persist. The strategies reflect a shift toward intentional domestic equity allocation.54