The competition to introduce increasingly risky leveraged ETFs in the U.S. is intensifying.

Written by Emily J. Thompson, Senior Investment Analyst

Source: MarketWatch

Updated: Oct 23 2025

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Source: MarketWatch

Wall Street's ETF Expansion: Wall Street is increasingly pursuing the launch of leveraged exchange-traded funds (ETFs), testing legal boundaries with a surge in recent filings.
Recent Filings: At least three ETF issuers—Volatility Shares, ProShares, and T-Rex—have requested approval from the Securities and Exchange Commission for new leveraged funds.
Investment Opportunities: If approved, these leveraged ETFs would allow investors to amplify daily price movements in major indices like the Dow Jones Industrial Average, as well as in stocks such as Nvidia and CoreWeave, and cryptocurrencies like bitcoin and XRP.
Potential Leverage: The proposed funds could offer leverage of up to 5x, significantly increasing the risk and potential reward for investors.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.