Direxion Daily Crypto Industry Bull 2X Shares — new fund registration

Direxion Shares ETF Trust registered 4 new fund series on Form 485APOS, filed 2022-08-26. Featured series: Direxion Daily Crypto Industry Bull 2X Shares.

Registration

Registrant / trust: Direxion Shares ETF Trust
CIK: 0001424958
Form: 485APOS
Filed: 2022-08-26
State of incorporation: DE
Accession: 0001193125-22-231248
Reported net assets: $6.1M

Series & classes (4)

Series	Class	Ticker	New
Direxion Daily Crypto Industry Bull 2X Shares	Direxion Daily Crypto Industry Bull 2X Shares	LMBO	Yes
Direxion Daily Crypto Industry Bear 2X Shares	Direxion Daily Crypto Industry Bear 2X Shares	REKT	Yes
Direxion Daily Transformative Tech 100 Bull 2X Shares	Direxion Daily Tech 100 Bull 2X Shares	—	Yes
Direxion Daily Transformative Tech 100 Bear 2X Shares	Direxion Daily Tech 100 Bear 2X Shares	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 4.96%
Management fee: 0.75%
Net expense ratio: 1.00%
Other expenses: 4.16%

Investment objective

The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day.

Advisers

RAFFERTY ASSET MANAGEMENT, LLC (Advisor)