IRE

About IRE

Defiance Daily Target 2X Long IREN ETF is a leveraged exchange-traded fund that seeks to achieve twice the daily percentage change of IREN Limited's share price, before fees and expenses. As a single-stock ETF, its primary function is to provide amplified, short-term exposure to IREN—a global data center operator and leader in Bitcoin mining. The ETF caters to active traders aiming for magnified performance relative to IREN's stock, making it distinct from traditional sector or index funds. IREN Limited is recognized for its focus on renewable energy infrastructure and its significant role in powering workloads for artificial intelligence and blockchain applications, especially through Bitcoin mining operations. The ETF offers investors a structured, regulated vehicle for pursuing daily leveraged returns without the complexities of margin accounts or options strategies. In today’s market, this ETF stands out by enabling direct, targeted access to a high-growth sector driven by technology innovation and digital asset trends, meeting the increasing demand for sophisticated trading tools among market participants interested in disruptive industries.