Description

This Exchange Traded Product (ETP) aims to deliver three times the daily price changes of Airbnb, Inc.'s stock, after accounting for all relevant fees and expenses. To accomplish this objective, the ETP closely monitors and replicates the performance of the iSTOXX Leveraged 3x ABNB Index. This benchmark index is specifically constructed to provide a magnified daily return equal to three times the movements of the underlying Airbnb equity security, which is often referred to as the "Reference Asset."