Ethereum

Defiance

James

<ul class="news-points"> 
 <li><strong>James Seyffart has spotted a newly filed Ethereum ETF.</strong></li> 
 <li><strong>Defiance filed for a 2x leveraged MicroStrategy ETF.</strong></li> 
 <li><strong>Seyffart thinks the earliest Defiance’s newly filed ETF can trade is late June.</strong></li> 
</ul> 
<p>James Seyffart, an ETF Research Analyst at Bloomberg Intelligence, has spotted a newly filed Ethereum ETF. In a recent post on X, Seyffart noted that Defiance, a company that recently filed for a 2x leveraged MicroStrategy ETF, has filed for a 2x leveraged Ethereum ETF. According to Seyffart, the ETF will potentially trade under the ticker ETHL.</p> 
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   <p lang="en" dir="ltr">Defiance ETFs just filed for a 2x leveraged <a href="https://twitter.com/hashtag/ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#ethereum</a> futures ETF. Will potentially trade under the ticker <a href="https://twitter.com/search?q=%24ETHL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETHL</a> <a href="https://t.co/9Z6M6tcQ3V" target="_blank" rel="nofollow">pic.twitter.com/9Z6M6tcQ3V</a></p>— James Seyffart (@JSeyff) <a href="https://twitter.com/JSeyff/status/1777439474697298371?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">April 8, 2024</a>
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<p>A screenshot shared by Seyffart showed Defiance made the filing on Monday, April 8, 2024. An excerpt from the filing read:</p> 
<blockquote class="wp-block-quote"> 
 <p>“The information herein is not complete and may be changed. We may not sell these securities until the registration statement filed with the U.S. Securities and Exchange Commission (SEC) is effective.”</p> 
</blockquote> 
<p>Defiance <a href="https://www.sec.gov/Archives/edgar/data/1924868/000199937124004044/defiance-485apos_032724.htm#a001" target="_blank" rel="nofollow">filed</a> that it seeks daily inverse investment results of -2 times (-200%) the daily percentage change of the common…</p>
<p>The post <a href="https://coinedition.com/defiance-files-for-a-2x-leveraged-ethereum-futures-etf-ethl/">Defiance Files For a 2X Leveraged Ethereum Futures ETF (ETHL)</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Defiance Files For a 2X Leveraged Ethereum Futures ETF (ETHL)

Coin Edition

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