Defiance ETFs today announced the launch of the Defiance Daily Target 2X Long VELO ETF (VELL), expanding its lineup of single-stock leveraged ETFs designed for active traders seeking amplified exposure to innovative growth companies. VELL is designed for traders seeking magnified, short-term bullish exposure to Velo3D, Inc. (Nasdaq: VELO), a company specializing in advanced metal additive manufacturing (3D printing) designed for high-value, mission-critical parts in technology-related sectors such as space exploration, aviation, defense, and energy.By seeking to deliver 200% of the daily percentage change in the share price of Velo3D, Inc., the Fund allows investors to express tactical upside views on VELO within the accessibility and transparency of an exchange-traded fund.
Defiance ETFs today announced the launch of the Defiance Daily Target 2X Long VELO ETF (VELL), expanding its lineup of single-stock leveraged ETFs designed for active traders seeking amplified exposure to innovative growth companies. VELL is designed for traders seeking magnified, short-term bullish exposure to Velo3D, Inc. (Nasdaq: VELO), a company specializing in advanced metal additive manufacturing (3D printing) designed for high-value, mission-critical parts in technology-related sectors such as space exploration, aviation, defense, and energy.By seeking to deliver 200% of the daily percentage change in the share price of Velo3D, Inc., the Fund allows investors to express tactical upside views on VELO within the accessibility and transparency of an exchange-traded fund.