gearedetfs

$BTC | The SEC approved a 3x leveraged Bitcoin ETF in the US. There is no ASX equivalent. These funds reset daily, so a 10 percent fall then an 11.1 percent rise still ends 6.7 percent down: compounding decay, not a glitch. We called this volatility drag on the desk. Betashares GEAR works differently, holding exposure inside a 50 to 65 percent LVR band. SatoshiMacro's guide shows a 2.2x fund losing 44 percent of net assets on a 20 percent fall, before fees. My read: AU investors wanting leveraged BTC are better off with an ASIC capped CFD than a product unlikely to list here. Geared ETFs are for equities, not crypto, and GEAR's fee runs 1.56 to 2.23 percent of real capital once gearing counts.

https://satoshimacro.com/guides/etfs/geared-etfs-australia/?utm_source=binance_square&utm_medium=social&utm_campaign=autopilot_short-2

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