SEC just dodged a bullet by rejecting those 3x and 5x leveraged ETFs. Did the math—over the past five years, we found 350 instances where the underlying assets in these proposals swung 33% or more. That's basically one termination event every single week on average. And if they'd greenlit the 5x versions? Even worse. Sometimes saying no is the smartest move in the room.
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SocialFiQueen
· 15h ago
NGL, the SEC's rejection this time actually saved a bunch of retail investors. 5x leverage is basically a meat grinder.
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GreenCandleCollector
· 15h ago
This data is outrageous. One termination event per week? With 5x leverage, isn't that basically giving away free money?
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DegenWhisperer
· 16h ago
Isn't it said that the higher the leverage, the greater the risk? The SEC is finally being sensible this time. 5x leverage is just outrageous; there's basically an explosion every week on average. Damn, I still want to live to see Bitcoin break $100,000.
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quiet_lurker
· 16h ago
The SEC was indeed smart this time. A 33% fluctuation once a week? That's not investing, that's gambling.
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SilentObserver
· 16h ago
Really, the SEC didn’t approve these leveraged ETFs this time, and I support that. 350 major fluctuations, once a week? That’s insane—if these get released, so many people are going to lose big.
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StillBuyingTheDip
· 16h ago
Forget it, 5x leverage is just a machine for fleecing retail investors. The SEC finally did something right this time.
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SerLiquidated
· 16h ago
Seeing news about leveraged liquidations every day, the SEC has finally wised up this time.
SEC just dodged a bullet by rejecting those 3x and 5x leveraged ETFs. Did the math—over the past five years, we found 350 instances where the underlying assets in these proposals swung 33% or more. That's basically one termination event every single week on average. And if they'd greenlit the 5x versions? Even worse. Sometimes saying no is the smartest move in the room.