you are currently viewing:Defiance Launches DKNX: 2X Leveraged ETF on DraftKings (DKNG)July 31, 2025--Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, today announced the launch of an innovative ETF: The Defiance Daily Target 2X Long DKNG ETF (Ticker: DKNX). This fund provides investors with amplified 2X daily exposure to the performance of DraftKings Inc. (DKNG), empowering retail investors to capitalize on high-growth opportunities in the sports betting and gaming industry without the need for a margin account. DKNX seeks to deliver daily investment results, before fees and expenses, of 200% of the daily performance of DraftKings Inc. Through the use of derivatives, including swaps and options, DKNX aims to achieve precise 2X daily leveraged exposure to the underlying stock. Source: Defiance ETFs |
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May 28, 2025--Summary
The Congressional Budget Office projects that if current laws governing revenues and spending generally remained unchanged, federal debt held by the public, boosted by large deficits, would increase from 100 percent of gross domestic product (GDP) in 2025 to 156 percent of GDP in 2055-exceeding any previously recorded level and on track to increase further.