Overview
Description
The BetaPro Crude Oil Leveraged Daily Bull Fund is an exchange-traded fund (ETF) designed to provide investors with leveraged exposure to daily investment results that correspond to double (2x) the daily performance of the underlying crude oil futures contracts. This ETF is primarily utilized by investors who seek to capitalize on the price movements of crude oil, aiming for amplified returns from the short-term shifts in crude oil market dynamics. It is particularly significant for traders with a bullish outlook on crude oil prices, enabling them to leverage their positions without directly managing futures contracts themselves. The fund targets active traders and institutions looking to execute advanced strategies, as it facilitates significant exposure to crude oil without requiring substantial capital outlay. As a result, it plays a vital role in the broader spectrum of commodity trading, providing both opportunities and complexity within the financial markets.
About
Address
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE