Investment firm Defiance has submitted a comprehensive proposal to the U.S. Securities and Exchange Commission detailing plans for 49 new exchange-traded funds. The Friday filing outlines strategies for triple-leveraged exposure to leading cryptocurrency assets including Bitcoin and Ethereum funds, alongside positions in publicly-traded digital asset companies. The proposed ETF suite represents one of the most ambitious leveraged cryptocurrency product offerings to date, seeking to provide amplified returns relative to underlying digital asset performance. According to the prospectus documentation, the funds would employ sophisticated financial instruments to achieve the targeted 3x leverage ratio while maintaining regulatory compliance. This move signals growing institutional confidence in cryptocurrency markets and reflects increasing demand for sophisticated digital asset investment vehicles. Market analysts note that successful approval could open new avenues for both retail and institutional investors seeking enhanced exposure to the evolving cryptocurrency ecosystem. The SEC’s review process typically involves thorough examination of market manipulation concerns, custody solutions, and investor protection mechanisms before granting regulatory clearance for such innovative financial products.
