🔴 Leverage Shares 2X Long ARM Daily ETF is trading 3.6% down today on profit-taking following a 40% multi-day rally

Leverage Shares 2X Long ARM Daily ETF is trading at $53.46, down 3.6% in after-hours trading as investors lock in gains following a massive surge in the underlying asset.

• The pullback follows an extremely rapid run-up where the ETF gained more than 40% between June 11 and June 15, tracking the recent strength of Arm Holdings.
• Market analysts attribute the move to profit-taking and position rebalancing within the leveraged product rather than a fresh macroeconomic shock.
• Broader market sentiment remains risk-on, with major indices and AI-related tech names generally higher amid easing geopolitical risks.