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Could you please elaborate on what a <a href="https://www.btcc.com/en-US/academy/crypto-basics/what-is-leverage-in-cryptocurrency-how-can-i-trade-at-100x-leverage" title="Leveraged">Leveraged</a> exchange-traded fund (ETF) is? I'm particularly interested in understanding its mechanics and how it differs from traditional ETFs. Specifically, I'd like to know how leverage is incorporated into the investment strategy and the potential risks and rewards associated with this type of fund. Additionally, I'm curious about the regulatory framework governing leveraged ETFs and the types of investors that typically invest in these funds. Could you provide some clarity on these points?
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