Direxion launches LMBO and REKT, two ETFs tracking the performance of US stocks in the crypto space

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Odaily2024/07/18 01:51

By:Odaily

Odaily News ETF issuer Direxion announces the launch of Direxion Daily Crypto Industry Bull 2X Shares (ticker: LMBO) and Direxion Daily Crypto Industry Bear 1X Shares (ticker: REKT). LMBO and REKT seek to achieve daily investment results of 200% or 100% of the performance of the Solactive Distributed Ledger and Decentralized Payment Technology Index, respectively, before fees and expenses. The index is designed to track the performance of U.S.-listed securities operating in the distributed ledger or decentralized payment technology sectors, including the following business sectors: Blockchain technology, NFTs, decentralized finance, and digital asset mining hardware.

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