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macroJun 24, 2026, 1:57 AM

Leveraged U.S. Equity ETF Assets Hit Record $208B

Assets held in U.S.-listed leveraged and inverse ETFs have reached a record $208 billion, with total effective market exposure exceeding $460 billion due to embedded leverage.

Assets held in U.S.-listed leveraged and inverse exchange-traded funds (ETFs) have surged to an all-time high of $208 billion. When accounting for the 2x and 3x leverage embedded in many of these products, total effective market exposure now exceeds $460 billion.

The sharp rise underscores a growing appetite for risk among market participants and a deepening reliance on leveraged instruments to amplify equity bets. The data highlights a trend of increased speculation in U.S. equities through derivative-based ETFs.

Source: First Squawk