The Direxion Daily Crypto Industry Bull 2X and Bear 1X Exchange-Traded Funds (ETFs) are designed to provide specific daily investment results, prior to accounting for fees and expenses. The Bull 2X ETF aims to achieve 200% (double) the positive daily performance of the Solactive Distributed Ledger & Decentralized Payment Tech Index, whereas the Bear 1X ETF seeks to deliver the 100% inverse (opposite) of that same index's daily movement. It is important to note, however, that there is no guarantee these funds will successfully meet their stated investment objectives.