Here's How Meta's Muse Mania Is Spilling into Leveraged ETFs

Meta Platforms, Inc. (NASDAQ: META) has seen its stock rise 3.38% to $769.22, nearing its 52-week high, following the launch of its Muse AI assistant on September 8, which has contributed to a 37% increase in the stock over the past month. The Muse launch has propelled Meta shares over 20% since its debut and has positively impacted leveraged ETFs, with the Leverage Shares 2X Long META Daily ETF (BATS: METG) gaining about 81% and the Direxion Daily META Bull 2X ETF (NASDAQ: METU) up approximately 82% in the same period. Analysts estimate that Muse could generate $10.8 billion in annual revenue by 2027 under aggressive adoption scenarios.