Unprecedented optimism in the market: Leveraged long ETFs reach a record high, surpassing leveraged short funds. The asset ratio has doubled in just a few months, while overall ETF assets under management hit a new record $120 billion. Investors are rarely as bullish as they are now.

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This surge in leveraged long ETFs and record ETF assets under management suggests a strong sentiment shift, indicating investors are increasingly optimistic about the market's future prospects.