The exchange-traded fund (ETF) seeks to provide 200% of the daily percentage change in AST SpaceMobile shares.
Defiance ETFs has launched the Defiance Daily Target 2X Long ASTS ETF (ASTY) that provide leveraged exposure to the daily share price movements of AST SpaceMobile, which trades on Nasdaq under the ticker ASTS. The fund seeks to deliver 200% of the daily percentage change in AST SpaceMobile’s share price AST SpaceMobile is a US-based satellite designer and manufacturer developing a space-based cellular broadband network intended to connect conventional mobile phones directly to sa