An array of ETF issuers is filing applications with regulators to roll out new products with 5x leverage levels on individual stocks.

Here are all the 5x ETFs they filed for

• 5x AMD ETF

• 5x AMZN ETF

• 5x COIN ETF

• 5x CRCL ETF

• 5x GOOGL ETF

• 5x MSTR ETF

• 5x NVDA ETF

• 5x PLTR ETF

• 5x TSLA ETF

• 5x Bitcoin ETF

• 5x Ether ETF

• 5x Solana ETF

• 5x XRP ETF

Until now, the SEC has approved single-stock leveraged ETFs with a maximum of 2x leverage, meaning that the issuer seeks to deliver 200% of the daily price change in the underlying stock.

To deliver those returns, managers turn to the swaps or options markets; those options market makers, in turn, must manage their risk in rapidly moving markets.

Nothing like this has been approved before, and it probably won't go live, but if it does ... the ETF space will get crazy. With a 5x long single stock ETF, if the stock is down 20% in a day, the ETF will just be wiped out.

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