Today, Direxion announced a change in strategy for a number of their funds.
Also, Direxion announced they are eliminating a number of highly leveraged funds for which there is insufficient interest.

NUGT, JNUG, DUST, and JDST will now have 2X leverage instead of 3X leverage.
They suggest that this change will improve their tracking ability during times of high volatility and low liquidity.

https://news.yahoo.com/direxion-changes-objectives-ten-leveraged-204600012.html