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The first 2x leveraged stock ETF in the U.S. this year was terminated after falling 92%
15/07/2026 19:48
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Svmuu News: Bloomberg ETF analyst Eric Balchunas posted on X that the U.S. saw its first 2x leveraged stock ETF to be terminated this year; LCLD plummeted 92% in a short period yesterday, far exceeding the 50% termination threshold; The ETF has no assets, but it still illustrates the volatility typical of such products.
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