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Trade.xyz announced that the perpetual market for the State Street SPDR S&P Biotech ETF (XBI) is now live, supporting up to 10x leverage and providing 24/7, 365-day trading.

XBI corresponds to one share of the State Street SPDR S&P Biotech ETF priced in US dollars.

This ETF is listed on NYSE Arca, tracking the S&P Biotechnology Select Industry Index, which uses an adjusted equal-weighting methodology and covers biotechnology companies in the U.S.

market.