Leverage Shares 2X Long AVGO Daily ETF is trading at $42.35 (4.7% up) as it extends a sharp rebound from late May, driven by a broad risk-on sentiment following record U.S. equity highs.
- The move is supported by persistent AI- and tech-led momentum in U.S. equities, which is magnifying underlying gains through the fund's leveraged structure.
- Stronger U.S. equity futures are providing additional tailwinds for the ETF, even as major indices remain relatively flat in early trading following the record highs reached on May 29.