Back to today’s briefing

Story perspectives

JPMorgan: $26B Leveraged ETFs Sparked October Stock Selloff

10/14/2025

34 7

Summary

Story summary

JPMorgan analysts say roughly $26 billion in leveraged ETFs contributed to the U.S. stock selloff on October 13, 2025.
The selling was triggered by tariff threats against China from President Donald Trump.
The report notes leveraged ETFs account for 33% of new launches yet 1% of the $12 trillion market.
Equities rebounded the following day as Trump softened his trade rhetoric.
GraniteShares is seeking approval for new 3x leveraged products.

1 of 1

Story summary

JPMorgan analysts say roughly $26 billion in leveraged ETFs contributed to the U.S. stock selloff on October 13, 2025.
The selling was triggered by tariff threats against China from President Donald Trump.
The report notes leveraged ETFs account for 33% of new launches yet 1% of the $12 trillion market.
Equities rebounded the following day as Trump softened his trade rhetoric.
GraniteShares is seeking approval for new 3x leveraged products.