BMO and REX Shares Launch Leveraged AI ETNs on NYSE Arca
Bank of Montreal (BMO) and REX Shares have launched two leveraged Exchange Traded Notes (ETNs), offering investors exposure to the BITA AI Leaders Select NTR US Index with a 3x long or -3x short daily leverage. The ETNs, set to trade under tickers AIQU and AIQD on NYSE Arca starting June 2, aim to provide participation in an index tracking U.S.-listed companies involved in artificial intelligence technologies.
Topics: artificial_intelligence exchange_traded_notes leveraged_investments