🟢 Defiance Daily Target 2X Long RGTI ETF is trading 5.24% up today on Rigetti Computing-related strength and quantum computing theme rotation

Defiance Daily Target 2X Long RGTI ETF is trading at $21.47 (+5.24%) driven by momentum in its underlying asset, Rigetti Computing (RGTI).

• As a 2x leveraged ETF, the fund is experiencing amplified gains from the underlying quantum-computing theme, which typically passes through quickly to the share price.
• The ETF is significantly outperforming the broader markets on June 10, as the S&P 500, Nasdaq, and Dow are all trading lower.
• Investors appear to be rotating into the quantum computing sector despite a general risk-off sentiment across the technology landscape.