News list for "Direxeion"

Direxeion has launched two high-risk leveraged cryptocurrency ETFs: Direxion Daily Crypto Industry Bull 2X Shares (ticker: LMBO) and Direxion Daily Crypto Industry Bear 1X Shares (ticker: REKT). Leveraged exchange traded funds (ETFs), such as Direxion's latest fund, use financial derivatives and debt to amplify the daily returns of underlying securities. Traditional ETFs typically track securities in their underlying indices on a one-to-one basis,...

2024-07-19 03:13:14