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Chip Stocks Plunge, Erasing $1 Trillion in Value, While Leveraged ETFs Attract Record Inflows
1 day ago /
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Author：小编
Amid a $1 trillion wipeout in chip stock valuations, ETF investors are actively buying amid the sell-off. Notably, a fund that triples investors' daily industry exposure is poised to see record inflows this week. Data shows the $72 billion VanEck Semiconductor ETF has attracted over $430 million in inflows over the past three trading days, with weekly inflows on track to hit their highest level since early September. Some investors are taking even bolder steps, pouring approximately $3.8 billion into the triple-leveraged Direxion Daily Semiconductor Bull 3X Shares ETF, despite the fund's market value dropping nearly 21% this week. Such massive inflows are enough to set a single-week record for the $19 billion fund.
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