The launches offer European investors artificial intelligence (AI)-driven memory exposure while catering to US traders seeking high-risk, short-term leverage.

Defiance ETFs is expanding its offerings with two new funds: the Defiance Memory UCITS ETF (DRAM), targeting European investors with exposure to memory semiconductors and data storage, and the Defiance Daily Target 2X Long UMAC ETF (UMAL), a short-term, leveraged ETF following the performance of a US drone company. UMAL, listed on 18 June,  seeks   to deliver twice the daily performance of Unusual Machines The firm on 19 June introduced DRAM, with a total expense ratio of 0.69%. Th