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  1. ETF filings involving Direxion were reported to the SEC on June 23, 2026.

Direxion Files Magnificent 7 Bull 2X ETF with SEC

2 reports, 2 independent Updated Sat 00:00
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AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Direxion announced and filed the Direxion Daily Magnificent 7 Bull 2X ETF with the SEC on October 14, 2026. Reports indicate that the ETF saw a large increase in short interest in September, rising from 9,320 shares on September 15th to 18,311 shares by September 30th. Additionally, Thurston Springer Miller Herd & Titak Inc. acquired 441 shares of the ETF stock in the third quarter.

From tickerreport.com

Why it matters

Some supportBrind's analysis of the reports

The filing adds a new leveraged product to the market, which is structurally dependent on tracking Microsoft's stock performance and index. Trading activity for the ETF, which recently traded down to $63.96, reflects investor sentiment regarding the Magnificent 7 stocks.

ETF filings involving Direxion were reported to the SEC on June 23, 2026.

From tickerreport.com

Who's involved

  • DirexionAmerican financial institution that issued the ETF and filed documentation with the SEC.
  • SECRegulatory body that received the ETF documentation and oversees Direxion's operations.

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