Asset manager Defiance Investments plans to introduce 49 new ETFs offering three times leveraged exposure to tech, crypto, gold, and more. The N-1A prospectus includes proposals for Coinbase, MicroStrategy, Robinhood, and others. Currently, the company offers 2X leveraged ETFs targeting short-term investors in the tech sector. Observers are cautious due to the risk involved in three times leveraged funds. The SEC is considering over 90 crypto ETF applications. Bloomberg ETF Analyst James Seyffart commented on the new offerings.ETF.com Senior ETF Analyst Sumit Roy expressed concerns about the potential launch of these highly volatile 3X leveraged funds.

Read more at Yahoo Finance: Defiance Proposes 3X Leveraged Exposure on Bitcoin, Ethereum Funds and Crypto Stocks