Direxion Ignites New ETFs To Fuel Bold Bets On Coinbase, Robinhood, Intel, Oracle

Core Insights - Direxion is launching five new single-stock daily leveraged and inverse ETFs aimed at traders focused on speed, volatility, and thematic investments [1][2] Product Overview - The new ETFs include Oracle Bull 2X Shares (NASDAQ:ORCU), Oracle Bear 1X Shares (NASDAQ:ORCS), Coinbase Bull 2X Shares (NASDAQ:CONX), Robinhood Bull 2X Shares (NASDAQ:HODU), and Intel Bull 2X Shares (NASDAQ:LINT) [2] - These ETFs provide magnified or inverse daily exposure to key technology and trading-platform companies, covering sectors like crypto infrastructure (Coinbase and Robinhood), enterprise cloud and AI (Oracle), and semiconductors (Intel) [2] Market Demand - The launch reflects increasing demand from traders seeking tools that align with their conviction levels, rather than long-term investment products [3] - Direxion's Chief Product Officer highlighted that these funds cater to market participants who prefer targeted instruments for short-term market views [3] Risk Profile - Direxion emphasizes that these ETFs are short-term tactical tools and not suitable for diversified or buy-and-hold strategies [4] - The firm warns that leveraged and inverse single-stock ETFs can exhibit unpredictable behavior over multiple days due to compounding effects [4] Thematic Strategy - This launch is part of a broader thematic expansion by Direxion, which includes previously introduced leveraged and inverse AI-and-Big-Data ETFs [5] - The company is reinforcing its brand identity by focusing on precision, speed, and concentrated exposure to companies driving crypto accessibility and AI infrastructure [5]