On July 18th, according to an official announcement, ETF issuer Direxion has announced the launch of Direxion Daily Crypto Industry Bull 2X Shares (ticker: LMBO) and Direxion Daily Crypto Industry Bear 1X Shares (ticker: REKT). LMBO and REKT seek daily investment results, before fees and expenses, that correspond to 200% or 100% of the performance of the Solactive Distributed Ledger and Decentralized Payment Technology Index, respectively. The index aims to track the performance of U.S.-listed securities operating in the field of distributed ledger or decentralized payment technology, including the following business areas: blockchain technology, NFTs, decentralized finance, and digital asset mining hardware.
