Single-stock, leveraged ETFs betting heavily on Nvidia's blistering rally plunged overnight, tracking losses logged by the chip darling.

Short-term traders are proving eager to bet on a rapid recovery in Nvidia , pouring money into the three largest leveraged exchange-traded funds which are linked to gains in the share price of the AI chipmaking giant.

Investors holding popular leveraged exchange-traded funds that amplify exposure to Nvidia shares faced their worst loss on record Monday. The GraniteShares 2x Long NVDA Daily ETF -- the largest of a c

Single-stock ETFs betting heavily on Nvidia's blistering rally plunged overnight after tracking losses logged by the chip darling.