Defiance Daily Target 2X Long IREN ETF is trading 7.5% higher today as crypto prices and broader equity futures recover following several days of sharp declines in the mining sector.
- The move reflects improved risk sentiment and firmer Bitcoin prices, sparking a bounce in high-beta crypto-related stocks after the recent sector selloff.
- The uptick in the 2x leveraged ETF follows a period of intense selling pressure across Bitcoin mining shares and other high-beta digital asset equities.