According to ChainCatcher, Defiance ETFs, LLC has applied to the U.S. Securities and Exchange Commission for four new exchange-traded funds, including: Bitcoin vs. Ethereum ETF, Ethereum vs. Bitcoin ETF, Bitcoin vs. Gold ETF, Gold vs. Bitcoin ETF.
Each fund tracks the leveraged performance between assets through derivatives, adopting an active management approach, and seeks total return through synthetic exposure. These funds do not hold spot assets but instead establish leveraged exposure using futures contracts, swaps, options, and a combination of ETFs or ETPs listed in the U.S.
