Direxion has filed for a Trillions ETF that would hold equities with market capitalizations above $1 trillion. The filing also includes a 2x leveraged version of the product.
The proposed fund is designed to track a basket of mega-cap stocks that meet the $1 trillion threshold, according to the filing referenced in the source post.
Direxion Files for ETF Tracking $1 Trillion Market-Cap Stocks
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