The First 2X Long ETF for Carvana
From GlobeNewswire: 2025-05-29 06:00:00
Defiance ETFs has launched the CVNX ETF, a 2X leveraged ETF focused on Carvana Co. (NYSE: CVNA), offering amplified exposure without the need for a margin account. The ETF seeks daily investment results of 200% of the daily percentage change in Carvana’s share price. Carvana has seen significant growth, with Q1 2025 revenue surpassing $4.23 billion. Investors looking to capitalize on Carvana’s success can now do so through the CVNX ETF. However, the Fund is not suitable for all investors, as it is riskier due to its leveraged nature. Learn more at DefianceETFs.com.
Read more at GlobeNewswire: The First 2X Long ETF for Carvana