Defiance ETFs plans fund that shorts two leveraged Strategy ETFs, aiming to profit from volatility decay

The fund aims to benefit from the inherent losses resulting from holding leveraged funds longer than one day, known as volatility decay. source: https://www.theblock.co/post/349724/defiance-etfs-plans-fund-that-shorts-two-leveraged-strategy-etfs-aiming-to-profit-from-volatility-decay?utm_source=rss&utm_medium=rss