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.
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