The Leverage Shares 3x Netflix ETP is a financial instrument designed to deliver triple the daily performance (both positive and negative) of Netflix, Inc. stock. This product achieves its objective by closely tracking the iSTOXX Leveraged 3X NFLX Index. Its investment strategy involves directly purchasing Netflix, Inc. shares and augmenting this position by utilizing borrowed capital (known as margin) to acquire even more of the underlying stock, thereby magnifying its exposure.