The funds provide 2x daily exposure to Velo3D and Infleqtion, respectively.
Defiance ETFs has launched two leveraged single-stock exchange traded funds, each designed to provide amplified short-term exposure to technology-focused companies, as part of its push into leveraged products tied to emerging technology companies. These leveraged products are intended for experienced investors The firm said it had introduced the Defiance Daily Target 2X Long VELO ETF (VELL), linked to Nasdaq-listed Velo3D Inc, which operates in advanced metal additive manufacturin