The appetite for risk is through the roof: Leveraged long equity ETFs assets reached a record $95.0 billion last week. By comparison, during the 2021 stock market mania, leveraged long ETF assets were $67.6 billion, or 29% lower. Since Q3 2022, total assets in funds using derivatives to make long bets have TRIPLED. At the same time, leveraged short equity ETF assets have declined by $13.3 billion, to $8.5 billion
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