Defiance launches ETF "BTFL" tracking bitcoin mining company Bitfarms
According to Deep Tide TechFlow, on December 30, Globenewswire reported that ETF issuer Defiance announced the launch of the Defiance Daily Target 2X Long BITF ETF (BTFL), an exchange-traded fund tracking bitcoin mining company Bitfarms. The product is mainly aimed at traders seeking to amplify short-term bullish returns on a particular exchange, and is designed to achieve 200% of the daily price movement of the exchange's stock as its return.
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
Jefferson: Inflation is expected to return to the 2% path, but upside risks remain
Bowman: Underlying inflation is close to the Federal Reserve's 2% target
Bowman: The Federal Reserve should not signal a pause in rate cuts
Trending news
MoreCrypto prices
More
