Direxion Daily Crypto Industry Bull 2X Shares ETF Price & Performance (LMBO)

The GraniteShares 2x Long BABA Daily ETF (BABX) led leveraged ETFs with a 43.54% weekly gain, driven by Alibaba's stock surge. Contributing factors include advancements in AI, Jack Ma's return, and a new partnership with Apple. Positive sentiment from potential government-private sector support also boosted investor confidence.1

The Direxion Daily TSLA Bull 2X Shares (TSLL) gained traction as trading volumes surged in February. The ETF, which amplifies Tesla's stock movements, saw heightened interest due to Tesla's significant 166% increase in money flow. Investors appear optimistic about Tesla's future prospects.2

The Direxion Daily Energy Bull 2X ETF (ERX) provides 200% of the S&P Energy Select Sector Index's daily returns. While not intended for long-term holding, it appeals to traders seeking exposure to energy sector volatility. ERX utilizes derivatives and other instruments, making it a high-cost but dynamic option.3