- Interest in leveraged exchange-traded funds that allow investors to profit when shares of Nvidia fall grew steadily ahead of the chipmaker's quarterly results, according to data from some of the companies that issued the products.
These bearish products are structured to deliver daily returns twice the size of any loss in Nvidia itself, while the bullish ETFs use derivatives to double any daily gain. The discrepancy is even more pronounced in similar ETFs issued by REX Shares and Tuttle Capital Management. The number of shares outstanding in the T-Rex 2x Inverse Nvidia Daily ETF has increased tenfold since Nvidia's May earnings report.
Its 2x bearish ETF, in spite of the dramatic relative growth, boasts only $69 million in assets, although it attracted $63 million in inflows in the last three months.England interim manager insisted he was not thinking about getting the job permanently after making his mark with his first squad selectionThe Personal Consumption Expenditures price index — the Federal Reserve's preferred inflation gauge — for the month of July is due out tomorrow morning.
Steven Perry, 58, thought the notice confirming his student-loan forgiveness was a scam. But after decades of payments, he finally got debt relief.College GameDay — the weekly show that fills up your screens, social media and group chats — has already added a little razzle-dazzle to the 2024-2025 season and is turning up the heat even more.
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