Wall Street Just Got Its Most Volatile ETF as Risky Bets Boom

News August 15, 2024 at 02:10 PM
Share & Print

What You Need To Know

  • The fund looks to offer leveraged returns on MicroStrategy, which invests in Bitcoin and has a 90-day volatility of about 97%.
  • Leveraged single-stock ETFs debuted two years ago, even as SEC officials sounded the alarm on them.
  • Asset manager Defiance — known for its thematic offerings — also recently launched a double-leverage Eli Lilly ETF.

Immediate Answers to Critical Tax Questions At Your Fingertips

Keep up with the latest tax rules and regulations with weekly, exclusive updates by our Tax Facts experts.

Get More Information

Recently Added Q&As

Recently Updated Q&As
What is the temporary "senior deduction" deduction for taxpayers age 65 and over?
Get Answer
Recently Updated Q&As
What is the temporary deduction for auto loan interest?
Get Answer
Recently Updated Q&As
What is the temporary deduction for overtime income?
Get Answer
Recently Updated Q&As
What is the temporary deduction for tip income?
Get Answer
Recently Updated Q&As
What is a high deductible health plan for purposes of an HSA?
Get Answer
Recently Updated Q&As
What are the FinCEN beneficial ownership information reporting requirements that were set to apply to LLCs and other small business entities starting in 2024?
Get Answer
Recently Updated Q&As
What requirements must be satisfied for an investment advice fiduciary to qualify under the DOL's fiduciary PTE 2020-02?
Get Answer
Recently Updated Q&As
What are the contribution limits on an HSA?
Get Answer

Related Stories