The fund aims to deliver two times (200%) of the daily percentage change in the share price of Planet Labs.
Defiance ETFs, a Miami-based provider of thematic exchange-traded funds (ETFs), has further expanded its single stock leveraged portfolio with the launch of the Defiance Daily Target 2X Long PL ETF (PLU). The ETF has been listed on the Chicago Board Options Exchange (Cboe) since 6 January The fund is designed for traders seeking magnified, short-term bullish exposure to Planet Labs, a San Francisco-headquartered company operating one of the world’s largest Earth-observation satellite c