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?
6 answers
Martino
Wed Dec 25 2024
Similarly, a 3x leveraged ETF aims to deliver three times the daily return of its corresponding index.
Tommaso
Wed Dec 25 2024
Leveraged ETFs are financial instruments created to amplify the daily performance of a specific index.
BlockchainVisionary
Wed Dec 25 2024
This mechanism allows investors to potentially benefit from larger gains when the index performs well.
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.
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.