CSOP 2x Long MSTR (07799) jumped over 8%, rising 8.56% to HK$5.185 as of press time, with a turnover of HK$2.2483 million.

On the news front, Federal Reserve Vice Chair Philip Jefferson stated that future policy adjustments "must carefully examine data trends and the outlook," emphasizing that this "may take time." His remarks eased market concerns about aggressive rate hikes and further boosted risk appetite.

Following this news, the U.S. 10-year Treasury yield briefly climbed to 5.342%, the highest level since April 2002, before retreating to around 5.25%; the 30-year Treasury yield also fell back from its highs.

Citi research noted that it raised its 12-month Bitcoin price target from US$82,000 to US$113,000, citing continued inflows into spot Bitcoin ETFs and expected stable demand from institutional participants such as investment advisors and securities firms.

Meanwhile, according to Santiment data, Bitcoin rose about 7% in September, outperforming the flat S&P 500 and gold, which fell over 6%. Sustained inflows into spot ETFs and increased holdings by companies such as Strategy (MSTR.US) provided support.