Risk-Taking Leveraged Traders Pump Up $95 Billion ETF Long Bets
- Spread between leveraged and inverse equity ETFs widens: BI
- Dip buyers flocked to ETFs that amplify returns of tech, Ether
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Retail daredevils — undeterred by recent Wall Street jitters over AI and crypto — are going long, pumping up leveraged funds to nearly $100 billion, while pessimistic market wagers languish.
Speculators are buying the dip in exchange-traded funds that invest in what have been some of the hottest stock strategies. This breed of ETF is designed to profit at two or even three times an asset’s gain. Bets on technology companies, including Tesla Inc. and Microsoft Corp., have drawn particular attention given the share price momentum in tech.