The hot trade in shorting inverse leveraged ETFs

Shorting an inverse leverage ETF seems odd on the surface: you are betting that the price of a security that tracks the reverse of market activity will go down. Put another way, you are betting that the ETF’s index will go up but you get to pay a financing fee for the privilege. This isn’t the case however: the financing market for inverse and inverse leveraged ETFs is hopping these days with a structured trade underneath it.
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