Defiance Daily Target 2X Long IREN ETF is trading higher in pre-market at a 3.4% gain, extending a sharp rebound following a 20.17% jump on June 11, 2026.
- The move is primarily tied to strength in IREN Limited and renewed risk appetite for crypto miners amid a stabilizing crypto tape.
- Investor sentiment is bolstered by optimism surrounding IREN’s AI-focused data-center pivot, which the fund magnifies with its 2x daily exposure.