ARMU
T-REX 2X Long ARM Daily Target ETF
stock BATS

Well on the surface there's certainly a massive appeal to any sort of leveraged ETF these days. I think the fact that they're now popping up on the memes is more telling of the situation these clowns are in than anything.
What better way to fuck retail than have them buying a leveraged ETF (thinking they'll be winning on volatility) not knowing their funds are being allocated for some shady maneuvers?
Unfortunately I haven't gone head on into looking at all of the leveraged funds. There's a ton of them and tracking them every day is not something my brain can handle. Just at first glance though - RBLU and ARMU (I talked about DJTU in another comment) have similar holdings (disproportional short swaps) have pretty hefty CTB:
[https://chartexchange.com/symbol/bats-armu/borrow-fee/](https://chartexchange.com/symbol/bats-armu/borrow-fee/)
[https://chartexchange.com/symbol/bats-rblu/borrow-fee/](https://chartexchange.com/symbol/bats-rblu/borrow-fee/)

Great post. A lot of this definitely makes sense, one question did you cross reference any other tickers with Leveraged ETFs? It’d be interesting to see how that shares outstanding data differs for something similar like DJTU and something with less short exposure like ARMU?

Well on the surface there's certainly a massive appeal to any sort of leveraged ETF these days. I think the fact that they're now popping up on the memes is more telling of the situation these clowns are in than anything.
What better way to fuck retail than have them buying a leveraged ETF (thinking they'll be winning on volatility) not knowing their funds are being allocated for some shady maneuvers?
Unfortunately I haven't gone head on into looking at all of the leveraged funds. There's a ton of them and tracking them every day is not something my brain can handle. Just at first glance though - RBLU and ARMU (I talked about DJTU in another comment) have similar holdings (disproportional short swaps) have pretty hefty CTB:
[https://chartexchange.com/symbol/bats-armu/borrow-fee/](https://chartexchange.com/symbol/bats-armu/borrow-fee/)
[https://chartexchange.com/symbol/bats-rblu/borrow-fee/](https://chartexchange.com/symbol/bats-rblu/borrow-fee/)

Great post. A lot of this definitely makes sense, one question did you cross reference any other tickers with Leveraged ETFs? It’d be interesting to see how that shares outstanding data differs for something similar like DJTU and something with less short exposure like ARMU?