Direxion Daily COIN Bull 2X ETF

Direxion Daily COIN Bull 2X ETF is a leveraged exchange-traded fund designed to deliver twice the daily performance of Coinbase Global, Inc. common shares before fees and expenses. The fund uses financial instruments such as swap agreements and options to create leveraged exposure, making it a specialized tool for investors seeking short-term directional access to Coinbase-related market movement. As part of Direxion’s leveraged ETF lineup, it is built for tactical trading rather than long-term buy-and-hold exposure, and its daily reset feature can cause returns to diverge from the underlying stock over time. The fund focuses on U.S. equity markets and is used by market participants who want a concentrated, amplified view of Coinbase’s daily price action within a regulated ETF structure.