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Direxion Launches Leveraged ETFs for Crypto Equities

Direxion, a leading investment management firm, has recently introduced two new leveraged ETFs that track the performance of crypto equities. The funds, with tickers LMBO and REKT, may sound playful, but their debut on the market was met with lackluster trading volume, totaling less than $50,000. Despite the growing popularity of cryptocurrency, it seems that investors are still wary of taking on additional risk in this volatile market. Only time will tell if these new ETFs will gain traction and provide a successful investment opportunity for those interested in the crypto sector.