NYSE Arca seeks to launch first Cardano spot ETF
- Investing.com
As of October 2, 2017, Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bear 1X Shares has gone out of business. Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bear 1X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets across the globe. The fund takes short positions to invest in other exchange traded funds and through derivatives like futures contracts, options, and swap agreements to invest in stocks of companies operating in the gold and silver mining sectors. It primarily invests in stocks of companies across all market capitalization greater than $750 million. The fund also invests some portion of its portfolio in money market funds or short-term debt instruments. It seeks to track the inverse of the daily performance of the NYSE Arca Gold Miners Index. Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bear 1X Shares was formed on July 27, 2016 and is domiciled in the United States.