US leveraged and inverse ETF trading volume hits record $90 billion
Tuesday’s notional turnover across US-listed products was the highest on record and more than tripled from a year earlier, underscoring rising appetite for amplified and hedged market bets.
Fact Check
The originating source, the @KobeissiLetter X post, directly states the $90 billion record notional volume and the more-than-tripled-in-12-months detail, matching the claim precisely. An independent second source (Global Markets Investor) repeats the same figure and 'record' framing on the same date. Both sources are market commentators rather than the underlying exchange/data provider, so the figure is not independently verified against primary exchange data, which tempers confidence to medium. Nonetheless, the claim accurately reflects what the cited and corroborating sources report.
Summary
US-listed leveraged and inverse ETFs recorded $90 billion in total notional trading volume on Tuesday, the highest level on record. The figure has more than tripled over the past 12 months, pointing to a sharp rise in activity in products designed to magnify gains or losses, or to profit when underlying markets fall. The surge suggests investors are increasingly using these ETFs for short-term tactical positioning and hedging rather than long-term holding.
Terms & Concepts
- leveraged ETF: An ETF designed to amplify daily returns.
- inverse ETF: An ETF that rises when its benchmark falls.
- notional trading volume: The total face value of traded positions.