Defiance applies to launch two Crypto Assets based ETF

According to Mars Finance, as reported by Jin10, ETF issuer Defiance has submitted an application to the SEC, planning to launch two exchange-traded funds built around "basis trading," one linked to Bitcoin and the other linked to Ether. This strategy aims to profit from the price differences between the spot market and futures contracts. Defiance has set the trading codes for these two ETFs as "NBIT" (Bitcoin-related) and "DETH" (Ether-related).

BTC-0.92%
ETH0.68%
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