JPMorgan: $26B of Leveraged ETF Selling Intensified Friday’s Market Crash
JPMorgan analysts say leveraged exchange-traded funds (ETFs) significantly worsened Friday’s stock market crash, contributing approximately $26 billion in forced selling. The selloff came after threats of new U.S. tariffs on China sparked fear across financial markets. As prices dropped, holders of leveraged ETFs were forced to sell more as these products magnify moves both up…
