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Bloomberg ETF Analyst: Some 2x leveraged ETFs Track Stocks That Have Fallen More Than 50%; More Products Are Expected to Be Delisted
Svmuu News: Bloomberg ETF analyst Eric Balchunas posted on X, stating that, "The current drawdowns across all stocks tracked by 2x leveraged ETFs indicate that declines of more than 50% persist. Therefore, we expect other products similar to LCDL to be terminated, though this may occur sporadically—unless a black swan event occurs—and users of these products are unlikely to be concerned."
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