Defiance Proposes 3X Leveraged Exposure on Bitcoin, Ethereum Funds and Crypto Stocks

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In brief

  • The Defiance prospectus covers proposals for 49 ETFs offering three times leveraged long and short exposure.
  • The offerings include products focused on Coinbase, BitMine Immersion, Strategy, and ETFs tracking the prices of Bitcoin, Ethereum, and Solana.
  • Defiance already offers a number of two times leveraged funds for Strategy and Robinhood, among other firms.

An asset manager known for exchange-traded funds geared toward risk-embracing investors wants to ratchet up the possibilities for these thrill-seekers, filing an application for 49 funds offering three times long and short leveraged exposure to tech and crypto-focused firms, gold, and ETFs that individually track the price of Bitcoin, Ethereum and Solana, among other assets. 

The Defiance Investments’ N-1A prospectus filed Friday with the U.S. Securities and Exchange Commission includes proposals for the 3X leveraged and inverse leveraged ETFs for crypto exchange…

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