Defiance Files for Hourly Leveraged ETFs
Defiance ETFs filed with regulators to launch sixteen hourly leveraged funds. These products aim to double single stock returns over one hour periods. The funds target experienced investors trading popular equities.
Xurve View
Insights:
Xurve View
Defiance ETFs is seeking regulatory approval for 16 hourly leveraged funds in the United States, aiming to double single-stock returns every 60 minutes. The proposed products target high-frequency traders tracking volatile mega-cap equities. Regulators have previously blocked ultra-leveraged daily products, raising questions over approval odds.
