Trump's Nuclear Billions Trigger A 72% Blastoff In This OKLO‑Linked ETF

benzinga_article
2026.01.07 17:33
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The Defiance Daily Target 2X Long OKLO ETF (NASDAQ:OKLL) surged 72% in early 2026 following a $2.7 billion funding package from the U.S. Department of Energy aimed at revitalizing the nuclear fuel supply chain. This funding focuses on increasing production of low-enriched uranium to reduce reliance on Russian fuel. The momentum has also positively impacted other nuclear ETFs, as investors anticipate a longer-term reindustrialization trend. The renewed focus on nuclear energy as critical infrastructure reflects a shift in investor sentiment towards the sector.