According to the source, Defiance proposed new 3X leveraged funds offering exposure to Bitcoin (BTC), Ethereum (ETH), and crypto-focused stocks. source: source post For traders, 3X leveraged funds are designed to target three times the daily return of a benchmark and can exhibit significant volatility and compounding effects suitable primarily for short-term trading. source: SEC Investor Bulletin on Leveraged and Inverse ETFs Daily rebalancing in these products creates path-dependent returns that can diverge from the underlying over holding periods longer than one day, especially in volatile markets. source: SEC Investor Bulletin on Leveraged and Inverse ETFs

According to Eric Balchunas, Defiance has filed for a MAGA Seven ETF, ticker $MAGT, which aims to invest in seven stocks most likely to benefit from Trump administration policies. This ETF could influence trading strategies by focusing on companies potentially favored by political developments related to the Trump administration. Traders might consider this ETF to potentially capitalize on policy-driven market movements. (Source: Eric Balchunas via Twitter)

According to Eric Balchunas, Defiance has filed for a new ETF named $TRIL, which will encompass companies with market capitalizations exceeding one trillion dollars. The current list includes the 'Mag 7' and Berkshire Hathaway. This ETF could present new trading opportunities for investors focusing on large-cap stocks, offering exposure to the most financially robust companies as identified by their market cap. Source: Eric Balchunas via Twitter.