The leveraged ETF market is awash with new products, targeting everything from crypto to AI and semiconductor manufacturing.

Advisors aren’t always impressed, however. Although leveraged ETF assets doubled to $220 billion from March 30 to June 3, advisors and broker-dealers face restrictions on recommending the products to their clients. Advisors have to understand their risks, make sure they align with clients’ best interests and not buy too many of them, per FINRA rules. That’s because leveraged funds can often lose significant amounts of money in flat markets since they reset daily. And sometimes those advertised yields don’t match client expectations, experts said. Advisors will want to educate themselves on new products…