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CONX
Benzinga
2 days

Direxion Ignites New ETFs To Fuel Bold Bets On Coinbase, Robinhood, Intel, Oracle

1. Direxion launched new leveraged ETFs including Coinbase Bull 2X Shares (CONX). 2. These ETFs aim to attract traders seeking high-conviction, short-term investments. 3. The ETFs focus on digital assets and AI-driven technology themes. 4. There is caution regarding the unpredictable nature of leveraged products. 5. Direxion emphasizes short-term tactical use, not long-term holding.

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FAQ

Why Bullish?

The introduction of CONX leverages interest in crypto and trading volatility, historically beneficial for price growth.

How important is it?

The article highlights new investment vehicles which could drive demand and trading activity for CONX.

Why Short Term?

The products are designed for rapid market movements, affecting price in the short run.

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