BMO and REX Shares Launch MicroSectors™ 3× Long and -3× Short Communication Services (XLC) and Consumer Staples (XLP) ETNs (Cboe BZX: XLCU, XLCD, XLPU, XLPD)

BMO and REX Shares launched new MicroSectors 3x Long Communication Services (XLC) ETNs, due July 31, 2046. The product provides leveraged exchange-traded exposure to the communication-services sector, expanding the firms' ETN offering. The launch is a niche product-development event with limited broad-market impact but may be relevant for tactical leveraged-sector traders.