Betting On Moderna? This New Defiance ETF Turns The Volume Up 2X
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Defiance ETFs has launched a new 2X leveraged ETF linked to Moderna Inc (NASDAQ:MRNA), named the Defiance Daily Target 2X Long MRNA ETF (NYSE:MRNX). This fund aims to provide traders with amplified daily exposure to Moderna's stock, targeting short-term tactical positioning rather than long-term investment. The ETF is designed for sophisticated investors who understand the risks of leveraged products, as it resets daily and is not meant for extended holding periods. This launch reflects the growing trend of single-stock leveraged ETFs in the market.
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