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Do most leveraged ETF’s just cease to exist after each crash?

$Direxion Daily S&P 500 Bull 3X Shares ETF (SPXL.US)$ In specific I’d just like to know if the end of day a 3x S&P 500 like $SPXL will just go belly up after the next big crash and that’s the reason you can’t find many that are more than 10 years old?
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