IREDefiance Daily Target 2X Long IREN ETF

Defiance Daily Target 2X Long IREN ETF is a leveraged exchange-traded fund designed to provide daily magnified exposure to IREN Limited through derivatives such as swap agreements and listed options. The fund seeks to deliver two times the daily percentage change in IREN Limited’s share price, making it a tactical vehicle for investors looking for amplified short-term exposure within a regulated ETF structure. It is actively managed and resets its leverage each trading day, so its objective is tied to a single-day outcome rather than longer holding periods. The ETF is focused on IREN Limited, a global data center operator and Bitcoin mining company known for energy-efficient infrastructure, and it reflects market demand for targeted exposure to companies linked to digital infrastructure, energy use, and cryptocurrency-related operations. Defiance Daily Target 2X Long IREN ETF is part of Defiance’s leveraged single-stock ETF lineup.