What is a 3X inverse bank ETF?
Excuse me, could you please elaborate on what exactly a 3X inverse bank ETF is? I'm curious to understand how it works and what kind of investors might find it appealing. Does it have any specific risks associated with it? Also, how does it differ from other types of ETFs, and what are the potential benefits and drawbacks of investing in one? I'm hoping to gain a clearer understanding of this financial instrument.