Here’s a quick look at the top-performing leveraged ETFs from last week, explained in simple terms and optimized for easy understanding.

**1. ETHD – ProShares UltraShort Ether ETF**
ETHD gained over 18% in just one week. This ETF moves in the opposite direction of Ethereum’s price—so when Ethereum drops, ETHD goes up. Last week, Ethereum and other cryptocurrencies like Bitcoin and Solana took a hit due to investor caution ahead of new data from the Federal Reserve. Ether alone dropped 10%, which helped ETHD surge.

**2. WTIU – MicroSectors Energy 3X Leveraged ETNs**
WTIU shot up thanks to rising oil prices. It gives investors 3x the daily performance of US energy and oil stocks. Tensions in the Middle East, ongoing issues between Russia and Ukraine, and shrinking US oil supplies pushed oil prices higher, boosting this ETF.

**3. NRGU – MicroSectors U.S. Big Oil Index 3X Leveraged ETN**
NRGU also benefited from climbing oil prices. It tracks large US oil and gas companies and delivers triple the daily performance of its index. With falling US crude inventories and lower interest rates, this ETF gained more than 17% last week.

**4. OILU – MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETN**
OILU gives 3x exposure to US oil and gas exploration and production stocks. Rising oil prices helped this ETF grow over 15% last week.

**5. AGQ – ProShares Ultra Silver**
AGQ, which aims to double the daily performance of silver prices, jumped about 14.5%. Silver prices spiked due to a weaker US dollar, Federal Reserve rate cuts, and global tensions that drove demand for safe-haven assets like silver.

**6. GUSH – Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares**
GUSH offers 2x daily exposure to oil and gas exploration and production companies. It gained over 12% last week as energy prices continued to rise due to global supply concerns and geopolitical unrest.

**7. SBIT – ProShares UltraShort Bitcoin ETF**
SBIT climbed nearly 11%. This ETF profits when Bitcoin drops, moving in the opposite direction by 2x. Bitcoin took a big hit last week due to a stronger US dollar, uncertainty around regulations, and over $1.5 billion in long positions being wiped out—shrinking the total crypto market by around $160 billion.

**8. BABX – GraniteShares 2x Long BABA Daily ETF**
BABX saw a 10% jump after Alibaba announced more investment into artificial intelligence (AI). This ETF gives double the daily movement of Alibaba stock. The market is rewarding tech companies investing in AI, pushing Alibaba’s stock—and this ETF—higher.

**9. GDXU – MicroSectors Gold Miners 3X Leveraged ETN**
GDXU rose about 10%. It provides triple the performance of an index made up of major gold mining ETFs (GDX and GDXJ). Investors rushed to gold as interest rates fell, the dollar weakened, and geopolitical uncertainty increased—making gold miners more attractive.

**10. ERX – Direxion Daily Energy Bull 2X Shares**
ERX rounds out the list with more than 9% gains. It gives double exposure to daily movements of US energy stocks, which surged on rising oil prices and global tensions.

These leveraged ETFs saw strong weekly performance due to shifts in commodity prices, interest rates, and global events. Whether you’re tracking crypto moves, betting on energy stocks, or watching precious metals, these ETFs show where traders are focusing right now.