Direxion Single Stock ETFs on the Way

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Direxion filed in February for 24 ETFs based on eight specific stocks: Amazon, Meta Platforms, Alphabet, Microsoft, Netflix, Nvidia, Apple and Tesla. Direxion plans to offer funds that double the downside, double the upside for each of those stocks.

ETF Newz Says:

These ETFs are really designed for traders. “Most of our ETFs are tools for traders, people who can manage their portfolios on a daily basis, to make decisions either to amplify exposure or to hedge other risk in their portfolios,” David Mazza of Direxion said in a Monday interview. You can see the Amazon ETF being extremely popular with their split comming up.


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There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

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