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Direxion, a pioneer in the options-powered ETF market, has filed for a record 71 new funds, focusing on leveraged and inverse ETFs for popular stocks like PayPal, Roblox, and Shopify. The filing spree comes despite concerns of industry overcrowding and investor exhaustion. The move is part of the firm's ongoing efforts to offer innovative investment solutions, despite the risks associated with daily leveraged and inverse ETFs.

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