The exchange-traded funds (ETFs) provide amplified exposure to the ERShares Private Public Crossover ETF and Amkor Technology, warning that the products are designed for frequent monitoring.

Defiance ETFs has launched two daily leveraged ETFs - the Defiance Daily Target 2X Long XOVR ETF (XOVL) and the Defiance Daily Target 2X Long AMKR ETF (AMKL) - aimed at short‑term trading strategies. XOVL is the first leveraged ETF offering exposure to SpaceX The first fund, XOVL, seeks to deliver twice the daily percentage change of the ERShares Private Public Crossover ETF (XOVR), which provides limited, indirect exposure to select late‑stage private companies alongside publicly trade