Defiance Launches 2x Leveraged Single Stock ETF "RIOX" Based on Riot Platforms
Defiance has announced the launch of a cryptocurrency exchange-traded fund (ETF) called RIOX, which is the first 2x long ETF based on bitcoin mining company Riot Platforms, Inc. The ETF provides a 200% daily targeted exposure to long positions. According to previous disclosures, as of December 16, 2024, Riot holds approximately 17,429 BTC, worth about $1.8 billion.
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