Cryptocurrency Q&A What does 3x mean in ETF?

What does 3x mean in ETF?

Sofia Sofia Wed Dec 25 2024 | 5 answers 861
I'm trying to understand the meaning of '3x' in the context of ETFs. I've seen this term used and I want to know how it applies specifically to Exchange Traded Funds and what it signifies in terms of its function or performance. What does 3x mean in ETF?

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