Bloomberg ETF Analyst: Leveraged ETFs Have Generated $66 Billion in Cash for Traders

Odaily Odaily Bloomberg ETF analyst Eric Balchunas posted on X, stating that he originally planned to examine how much cash leveraged ETFs have consumed since their launch and compare it to the $750 billion in losses caused by the poor performance of active mutual funds. However, after calculations, he found that these products have actually generated $66 billion in cash for the traders using them. Many leveraged ETFs, such as TQQQ, have risen by 38,000% but still experienced capital outflows, indicating that traders are taking profits. These figures already account for volatility drag and include -2x funds.