Do you want to argue with Tesla? There may be new negative ETFs for traders.
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Do you want to argue with Tesla? There may be new negative ETFs for traders. |
The ETF, presented on Thursday, will attack the most popular stocks and companies and compete with the richest people in the world.
What happened: Management Direxion Daily presented an ETF called TSLA Bear 1X Shares. The ETF is debating Tesla Inc. (NASDAQ: TSLA) every day and will affect investors who believe that Tesla's price will fall or that it wants to defend itself for a long time against the TSLA position.
The registration address, Innovation Hedged Tesla ETF, came after Tesla wanted to buy and sell call options. The fund will invest 20% in Tesla's shares and calls for the rest to the U.S. Treasury. You will be trading ETLs with the TSLH logo.
In January, AXS Investments applied for ETFs, which are used for each of the nine separate shares and vice versa. The company is trying to offer ETFs to Boeing Inc (NYSE: BA), ConocoPhillips (NYSE: COP), Nike Inc (NYSE: NKE), NVIDIA Corp (NASDAQ: NVDA) and Paypal Corp (NASDAQ: PYPL). Is. We are Pfizer.Inc (NYSE: PFE), Salesforce.com (NYSE: CRM), Wells Fargo (NYSE: WFC) and Tesla.
Why it matters: No issued shares and ETFs have yet to hit the market and may face verification difficulties.
ETFs can be considered as investors' choice to argue that some shares will decline or make profits in the short term.
The Direction already offers investors a number of 3x ETFs that allow the index to rise or fall, such as the Dow Jones Industrial Average and the S&P 500, allowing FTSE to bet on international markets such as China and certain sectors such as the financial and semiconductor sectors. ..
At the end of 2021, Tuttle Capital released a reverse ETF within the Ark Innovation ETF (NYSE: ARKK) led by Katie Wood.
The Tuttle Capital Short Innovation Index (NASDAQ: SARK) has risen 21 percent compared to the ARCK's 23 percent decline. Tesla is the largest with a wealth of 8.7% of ARCK.
Tesla shares fell 12.6 percent in 2022. Shares have risen more than 1,600% in the last five years and more than 13,000% in the last 10 years.
Making a short Tesla ETF could lead to the enemy of Tesla CEO Elon Musk, the world's richest man. Musk often shares his thoughts on Twitter, and we look forward to hearing from him on the latest ETF.
TSLA Price Action: Shares are around $ 876.35. A Thea has traded between $ 539.49 and $ 1243.49 in the last 52 weeks.
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