Recently, the market has seen a new type of investment product, namely exchange-traded funds (ETFs) that offer 2x or 3x leverage on individual stocks. The rise of this product has sparked widespread attention in the investment community, while also bringing potential risks.

Investors should exercise caution when considering the use of such products and fully understand their design intentions and applicable scenarios. The importance of this was fully demonstrated in a recent case: last week, a 3x short ETF suffered a heavy blow, resulting in significant losses for investors.

Although this type of high-leverage ETF may bring considerable returns, it also comes with extremely high risks. They are often designed to meet the short-term trading needs of professional investors in specific market conditions, rather than as a long-term investment tool.

For ordinary investors, it is essential to have a deep understanding of the operational mechanisms, risk characteristics, and potential impacts of such products before considering an investment. It is recommended that investors fully assess their own risk tolerance and consult a professional financial advisor before making decisions.

Overall, with the continuous innovation of financial markets, new investment products are emerging one after another. Investors need to remain vigilant, continuously learn and understand these products in order to make informed investment decisions and avoid unnecessary losses due to insufficient knowledge of the products.