Wedbush Files for 2x Leveraged Dan Ives AI Index ETF

The Dan IVES Wedbush 2x Daily AI Revolution ETF will seek 2x the daily return of a Solactive Dan IVES Wedbush AI Revolution Index built from companies in the Dan Ives AI 30 Research Report. The fund expects to rely primarily on swaps, alongside index securities and ETFs, and will reset exposure daily. Eligible companies must have significant AI-related revenue exposure across areas such as software, semiconductors, cloud infrastructure and hardware. The 30-stock index currently spans the U.S., China, Taiwan, Israel and the Netherlands. Compounding means longer-term returns can differ substantially from 2x the index.