SOXL Semiconductor Leveraged ETF Sees Nearly $7 Billion Net Inflow in Two Months
As of August 24, the Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) has attracted nearly $7 billion in net inflows over the first two weeks of July and August, despite a significant pullback in global chip stocks since late June. SOXL is currently priced at $111.16, down over 60% from its previous high of $302. This ETF tracks the NYSE Semiconductor Index, with holdings including Nvidia, Micron Technology, AMD, and Broadcom. A Bank of America global fund manager survey in August revealed that 53% of respondents chose to "go long on global semiconductors," a notable decline from last month's historical peak of 82%. Fidelity warned that the semiconductor industry's approximately 40-month earnings cycle may be nearing its peak, suggesting that leveraged products like SOXL, which reset daily, could amplify losses if the industry cycle reverses. Goldman Sachs significantly raised its expectations for global semiconductor fab equipment spending for 2026 to 2028 to $150 billion, $218 billion, and $281 billion, believing that the AI-driven semiconductor supercycle is likely to extend through 2028. JPMorgan also maintains a bullish outlook, stating that the semiconductor sector, following its recent pullback, is attractive.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Changxin and Yangtze Memory Expand into North America with Apple's Quality Validation

They Thought They Were Talking to Apple: $195,000 in Cryptos Vanished in Singapore

Broadcom CDS Rises 28bp Amid AI Financial Structure Controversy

Paybis Expands Payment Options to Over 20 Methods

Veteran Strategist Warns: Stock Market Has No Room for Further Gains

Is the Biggest Investor in WLFI Actually a 'Deadbeat'?

Controversial Influencer Launches Meme Coin, Hype Fades Quickly

Ethereum Trader Returns: Buys $5.33 Million After $12 Million Loss

HPC Proposes to SEC and CFTC: Call for Unification of Regulatory Framework for Stock Futures and Perpetual Bond Transactions

TMX Airdrop Guide: Deposit, Trade and Earn Rewards on WEEX

Bitfire launches compliant crypto quant strategy as RWA assets top HK$2B

Critical Day for Bitcoin: Markets Focused on Data Deluge from the US

U.S. Debt, Inflation, and Japanese Rate Hike Pressures Intertwine, Global Assets Face High-Rate Repricing

Don't Confuse 'Positive Outlook on Stablecoins' with 'Positive Outlook on Circle'

Bitwise Tokenized Portfolios: Can You Invest Without Giving Up Your Assets?

Market Shows First Concrete Signs of Return of Weak Dollar Thesis

FHToken Security Breach: How a Bug Drained $20,000 on PancakeSwap?

Event Update | Bitcoin Asia 2026 to be Held in Hong Kong from August 27 to 28

MAKS Supports Crypto Asset Ecosystem Innovation through Collaboration with Amanode and IDRX at Coinfest Asia 2026

Zerohash files second OCC trust bank application

Tom Lee: ETH Should Exceed $5,000, Easily Surpassing $10,000 in 1-2 Years

Japan's Interest Rates Return to 1996: Can Bitcoin's 'Decoupling Narrative' Withstand September's Rate Hike?

Bitcoin: 8 out of 10 Signals Turn Green in Just One Week

Korea Investment vs Mirae Asset Proxy Battle, Coinone and Kobit Compete with '0 Won' Fees

Cosmos Labs Faces Criticism Over Disclosure Bug Issue, Leading to Recommendations for EVM Chains to Halt Operations

Onchain Structured Products Infrastructure City Protocol Raises $11M Across Seed and Pre-A Rounds, Backed by Dragonfly, CMT Digital and Mirana

16 Years Ago, 'Stone Man' Lost 9000 BTC in a Legendary Incident! Discover the Lesson Learned

Bitcoin +25%, Gold at 3-Month High: Why They're Suddenly Buying the Same Fear
Bitcoin broke $80,000 on August 25. Gold hit a three-month high the same week. Two assets that almost never move for the same reason are suddenly telling the same story ā and it's called the debasement trade.

Trade.xyz: A Twelve-Person Team Disrupts Wall Street, Submits Proposal to SEC












