Bloomberg Analyst: Leveraged ETFs Generate $66 Billion in Cash for Traders

Bloomberg ETF analyst Eric Balchunas stated on the X platform that leveraged ETFs have generated $66 billion in cash for traders since their launch. The original plan was to compare leveraged ETFs with actively managed mutual funds, which suffered a $750 billion loss due to poor performance, but it was found that leveraged ETFs performed significantly better. Many leveraged ETFs, such as TQQQ, have seen increases of up to 38,000%, yet there has still been capital outflow, indicating that traders are taking profits. This data has accounted for volatility drag and includes -2x funds.

Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.