2x Leveraged ETFs Drop Over 50%, More Closures Expected
2026-07-22 07:53

Woofun AI reports that Bloomberg ETF analyst Eric Balchunas stated on X that stocks tracked by 2x leveraged ETFs have declined by more than 50%. He anticipates further product closures akin to LCDL, noting that such events may occur intermittently absent a black swan scenario, with users likely indifferent to these developments.

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Eric Balchunas
Bloomberg
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