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U.S.-listed leveraged ETFs hit record 700 as launches accelerate

U.S.-listed leveraged ETFs hit record 700 as launches accelerate

The broader U.S. ETF market also set a monthly launch record in June, with 242 new funds, while Corgi led issuance despite average assets far below the industry norm.

Fact Check
The claim's core figures are corroborated by MarketWatch/Morningstar (Jul 10, 2026), which independently reports leveraged/inverse ETFs now total almost 700 in the U.S. and that more than 400 are levered single-stock ETFs, alongside evidence of accelerating launches (31% of H1 2026 US ETF launches, 117 in June alone). The IMF GFSR supports the broader rapid-growth trend. The 'more than double end-2024' and '~210 launched YTD vs ~205 in 2025' details are stated in the originating Kobeissi Letter post but were not independently confirmed in the fetched reporting; however, they are consistent with the documented launch acceleration. The headline claim of a record ~700 leveraged ETFs with 400+ single-stock funds is well supported.
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Summary

U.S.-listed leveraged ETFs have climbed to a record 700, more than double the level at the end of 2024, with over 400 of the products tied to single stocks. The Kobeissi Letter said leveraged and inverse ETFs accounted for 31% of all U.S. ETF launches in the first half of 2026, up from 22% in full-year 2025, and that 117 such funds debuted in June alone. The wider ETF market also accelerated. Bloomberg senior ETF analyst Eric Balchunas said on X that 242 ETFs launched in the U.S. in June, a monthly record, bringing first-half 2026 launches to 730 and implying more than 1,450 for the year if that pace continues. He said Corgi launched more than 100 ETFs in June and has about 350 more registered, though its average ETF assets are about $4 million compared with an industry average of about $3 billion.

Terms & Concepts
  • leveraged ETFs: Exchange-traded funds designed to amplify the daily performance of an underlying asset or index.
  • inverse ETFs: Funds structured to rise when the asset or index they track falls.
  • single-stock ETFs: Exchange-traded funds linked to the performance of one company’s shares.