Betting on individual stocks by the hour: Wall Street leveraged ETF evolves again
Defiance ETFs has applied to the SEC to launch a leveraged fund with hourly resets, rebalancing six times each trading day and shortening the return target period from "daily" to "hourly." This product offers active traders more precise intraday trading tools, but frequent compounding will simultaneously magnify both gains and losses, further increasing volatility risk. Against the backdrop of heightened scrutiny of leveraged ETFs by global regulators, there is significant uncertainty as to whether the product will be approved.
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