The exchange-traded fund (ETF) seeks twice the daily return of Blockchain in Trucking Alliance (Bita)’s drone and aerial automation benchmark, with issuer emphasising short-term, high-risk nature of the strategy.

Defiance ETFs has launched the Defiance 2X Daily Long Pure Drone and Aerial Automation ETF, listed under the ticker DRNL, expanding its range of leveraged thematic strategies aimed at traders seeking amplified exposure to sectors experiencing rapid technological development. The product is suited to short‑term use and requires active monitoring The product offers twice the daily return of the Bita Pure Drone and Aerial Automation Index, before fees and expenses. Defiance stated that the ind