Is Direxion Daily Semiconductor Bear 3X ETF (Backpack Securities) a scam?

Asked about Direxion Daily Semiconductor Bear 3X ETF (Backpack Securities) (SOXS).

Short answer

Direxion Daily Semiconductor Bear 3X ETF (Backpack Securities) (SOXS) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.

Source: isthiscoinascam.com · Updated 2026-09-01

Red flags raised

  • No hard cap on total token supply

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