Defiance plans to launch a dual short leveraged ETF fund, betting on volatility attenuation
On April 7th, according to The Block, Defiance ETFs has submitted a new fund application to launch the "Defiance MSTR Double Short Hedged ETF", which will short two ETFs tracking Strategy (formerly MicroStrategy) with 2x leverage on an intraday basis (long and short) to profit from the volatility decay effect of holding leveraged products long term.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Initial jobless claims fall, but continuing claims hit post-pandemic high
Fed Chair Powell assured markets that the labor market is in “good place,” dependent on price stability
Bitcoin dip buyers nibble at BTC range lows but are risk off until $90K becomes support
TRUMP token slides ahead of massive unlock
Tokens worth 20% of the current supply of the TRUMP memecoin launched by the president are set to be unlocked tomorrow
Saylor, ETF investors’ ‘stronger hands’ help stabilize Bitcoin — Analyst
Trending news
MoreCrypto prices
More
