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The Once-Sober ETF Industry Finds a Home on a Vegas Casino Floor
News March 25, 2026 at 03:35 PM
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What You Need To Know
- The ETF, designed to make investing simple, has become the delivery mechanism for the newest form of financial gambling.
- Of the 1,000 new funds that launched last year, 36% were leveraged or cryptocurrency-based.
- The industry that democratized investing by making it cheap and boring has been remade by the economics of its own success.
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