Direxion Shares ETF Trust
c/o Rafferty Asset Management, LLC
1301 Avenue of the Americas (6th Avenue)
28th Floor
New York, NY 10019
January 24, 2019
FILED VIA EDGAR
United States Securities and Exchange Commission
Division of Investment Management
100 F Street, N.E.
Washington, D.C. 20549-1004
| Re: | Direxion Shares ETF Trust (the “Trust”) |
File Nos.: 333-150525 and 811-22201
Request for Withdrawal of Post-Effective Amendments to the Trust’s Registration Statement on Form N-1A
Dear Sir or Madam:
Pursuant to Rule 477 under the Securities Act of 1933, as amended, the Trust hereby respectfully requests withdrawal of the following Post-Effective Amendments to the Trust’s Registration Statement filed with the Securities and Exchange Commission on Form N-1A (the “Amendments”) solely with respect to the Direxion Daily Lithium Bull 2X Shares and the Direxion Daily Lithium Bull 3X Shares (the “Funds”):
| | | | | | | | |
Post-Effective
Amendment Number | | Date Filed | | Submission Type | | Accession Number | | |
231 | | 12/27/18 | | 485BXT | | 0001193125-18-358813 | | |
229 | | 11/29/18 | | 485BXT | | 0001193125-18-337771 | | |
227 | | 11/1/18 | | 485BXT | | 0001193125-18-315361 | | |
223 | | 10/4/18 | | 485BXT | | 0001193125-18-292997 | | |
222 | | 9/6/18 | | 485BXT | | 0001193125-18-267950 | | |
220 | | 8/9/18 | | 485BXT | | 0001193125-18-243949 | | |
219 | | 7/12/18 | | 485BXT | | 0001193125-18-216720 | | |
218 | | 6/14/18 | | 485BXT | | 0001193125-18-192752 | | |
217 | | 5/22/18 | | 485BXT | | 0001193125-18-170446 | | |
215 | | 4/30/18 | | 485BXT | | 0001193125-18-141516 | | |
214 | | 4/23/18 | | 485BXT | | 0001193125-18-126882 | | |
212 | | 4/16/18 | | 485BXT | | 0001193125-18-118707 | | |
206 | | 2/1/18 | | 485APOS | | 0001193125-18-029227 | | |
No securities of the Funds were sold in connection with the Amendments. The Trust has determined not to proceed with the offering of the Funds at this time and, therefore, respectfully requests withdrawal of the Amendments solely with respect to the Funds.
If you have any questions concerning the foregoing, please contact Angela Brickl of Rafferty Asset Management, LLC at (646) 572-3463 or Stacy L. Fuller of K&L Gates LLP at (202) 778-9475.
Sincerely,
|
/s/ Angela Brickl |
| Angela Brickl |
| Secretary |
| Direxion Shares ETF Trust |
