America's first 2x stock ETF this year triggered termination after a 92% drop

Odaily Planet Daily News: Bloomberg ETF analyst Eric Balchunas wrote on platform X that the first 2x stock ETF to be terminated in the US this year, LCLD, saw a 92% drop in a short period yesterday, far exceeding the 50% termination threshold. Although this ETF has no assets, it still illustrates the volatility of such products.