Nine Leveraged ETFs Tied to Kioxia Proposed in US, First for Japanese Company

According to Bloomberg, at least nine leveraged exchange-traded funds tied to Kioxia Holdings' shares or American depositary receipts were proposed in the US on July 26. If approved, they would mark the first single-stock leveraged ETFs linked to a Japanese company. Tuttle Capital Management, GraniteShares Advisors, and Corgi Strategies are seeking funds offering 2x Kioxia's daily return or 2x the inverse of that return, with Tuttle aiming to list one as soon as next month.
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