2026-10-24 01:43:21
Semiconductor Leverage ETF Sinks After Record $6.1B Weekly Inflow, Down 40% in October
According to FactSet data, Direxion Daily Semiconductor Bull 3X ETF (SOXL-US), which provides 3X daily leverage on semiconductor index movements, attracted a record $6.1 billion in inflows this week as retail investors attempted to buy on dips. However, continued weakness in chip stocks has turned t