Defiance has submitted prospectuses to the SEC to launch 49 triple-leveraged ETFs, targeting tech and crypto-related companies and digital assets. The proposed ETFs include companies like Coinbase, MicroStrategy, and Robinhood, as well as cryptocurrencies such as Bitcoin, Ethereum, and Solana. Defiance, which already offers 2x leveraged ETFs, is expanding its offerings to cater to aggressive short-term traders. This move indicates potential regulatory openness to high-volatility products in the market.
Defiance Proposes 49 Triple-Leveraged Crypto ETFs to SEC
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