GraniteShares’ European leveraged ETPs hit regulatory roadblock

Q: How long will it take to read this news story?

The story "GraniteShares’ European leveraged ETPs hit regulatory roadblock" has 748 words across 29 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "GraniteShares’ European leveraged ETPs hit regulatory roadblock" was covered 4 days ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 8 news stories per day. It's most recent story was published 12 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27276770</li><li>URL: https://beamstart.com/news/graniteshares-european-leveraged-etps-hit-17428244</li></ul>

Financial Times 4d ago

GraniteShares’ European leveraged ETPs hit regulatory roadblock - Financial Times

Quick Summary:

Two years later, the Swiss bank delisted and suspended nine more leveraged and inverse products.“We have seen issues with leveraged products before.

In March 2020, WisdomTree had to close its three-times leveraged oil products after their value was wiped out by Covid-induced market volatility.

In November, investors in two US-listed 2x MicroStrategy ETFs, managed by Tuttle Capital Management and Defiance ETFs, failed to receive the stated leverage on several occasions.