CRCG
Leverage Shares 2X Long CRCL Daily ETF
📎 Investment Objective
The Leverage Shares 2X Long CRCL Daily ETF (CRCG) seeks to provide 2x the daily return of the CRCL index, which tracks the performance of a basket of cryptocurrencies.
Overview
ETF tracking Leverage Shares 2X Long CRCL Daily ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Leverage Shares 2X Long CRCL Daily ETF (CRCG) seeks to provide 2x the daily return of the CRCL index, which tracks the performance of a basket of cryptocurrencies.
🎯 Investment Strategy
The fund uses derivatives and other financial instruments to provide leveraged exposure to the CRCL index. It aims to achieve its 2x daily target through the use of swap agreements, futures contracts, and other instruments.
✨ Key Features
- Provides 2x daily leveraged exposure to a basket of cryptocurrencies
- Utilizes derivatives and other financial instruments to achieve its leveraged objective
- Resets daily, so longer-term performance may differ from 2x the index
- Has a very small asset base of $0 as of the latest reporting period
⚠️ Primary Risks
- Significant risk of loss due to the leveraged nature of the fund
- Potential for volatile and unpredictable performance, especially over longer holding periods
- Counterparty risk associated with the derivatives used to achieve leverage
- Liquidity risk given the small asset base and trading volume
👤 Best For
This ETF is intended for experienced, risk-tolerant investors who understand the risks of leveraged products and are looking for short-term, speculative exposure to the cryptocurrency market. It is not suitable for conservative or long-term investors.
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