Textbook Lesson: This Leveraged ETF Plunged 73% Since Inception – A Warning For Crypto Investors? – Tidal Trust II Defiance Daily Target 2X Long RIOT ETF (ARCA:RIOX), Riot Platforms (NASDAQ:RIOT)
The Defiance Daily Target 2X Long RIOT ETF RIOX, launched to double the daily returns of Bitcoin mining company Riot Platforms Inc. RIOT, has lost its value by as much as 73% in the three months. The fund only started trading on Jan. 2. This sharp fall highlights the high risks involved with leveraged ETFs, … Read more