United States' First 2x Stock ETF Terminated This Year After Dropping 92%

Odaily Planet Daily News Bloomberg ETF analyst Eric Balchunas posted on platform X that the first 2x stock ETF to be terminated in the US this year, LCLD, dropped 92% in a short period yesterday, far exceeding the 50% termination threshold. The ETF holds no assets, but it still demonstrates the volatility of such products.