Cryptocurrency Q&A What are 3X leveraged ETF?

What are 3X leveraged ETF?

HallyuHype HallyuHype Mon Dec 23 2024 | 6 answers 1276
I'm interested in understanding what a 3X Leveraged ETF is. Could you explain its basic concept, how it works, and the potential risks and rewards associated with investing in such a product? What are 3X leveraged ETF?

6 answers

Martino Martino Wed Dec 25 2024
Similarly, a 3x leveraged ETF aims to deliver three times the daily return of its corresponding index.

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Tommaso Tommaso Wed Dec 25 2024
Leveraged ETFs are financial instruments created to amplify the daily performance of a specific index.

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BlockchainVisionary BlockchainVisionary Wed Dec 25 2024
This mechanism allows investors to potentially benefit from larger gains when the index performs well.

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SsamziegangStroll SsamziegangStroll Wed Dec 25 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of crypto investors. Its services encompass spot trading, futures trading, and a wallet service, among others. These features make BTCC a one-stop destination for crypto trading and management.

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TaegeukChampionCourageousHeartWarrior TaegeukChampionCourageousHeartWarrior Wed Dec 25 2024
These ETFs are structured to provide investors with exposure to a multiple of the daily returns of an underlying index.

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