Once the U. S. Securities and Exchange Commission (SEC) approves, Direxion Asset Management LLC will launch leverage and inverse funds on the Intercontinental Exchange Inc’s NYSE Arca Exchange. The proposed fund would rise or fall as fast as the bitcoin price tumbles. However, U.S. SEC has not reacted to the proposal.
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Direxion Asset Management LLC to build leverage fundsIncryptsJan 06, 20180
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