These Direxion Daily Crypto Industry ETFs are designed to deliver daily investment outcomes linked to the Solactive Distributed Ledger & Decentralized Payment Tech Index. Specifically, the Bull 2X ETF aims to provide twice (200%) the index's positive daily performance, while the Bear 1X ETF seeks to return the inverse (100% opposite) of the index's daily movement. These targets are calculated before accounting for any fees or expenses.