Defiance launches ETF "BTFL" tracking bitcoin mining company Bitfarms
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According to Deep Tide TechFlow, on December 30, Globenewswire reported that ETF issuer Defiance announced the launch of the Defiance Daily Target 2X Long BITF ETF (BTFL), an exchange-traded fund tracking bitcoin mining company Bitfarms. The product is mainly aimed at traders seeking to amplify short-term bullish returns on a particular exchange, and is designed to achieve 200% of the daily price movement of the exchange's stock as its return.
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