Riot’s Crypto Mining Success Spurs Investor Interest With Defiance’s New ETF

Bitcoin mining and digital infrastructure titan Riot Platforms (NASDAQ:RIOT) is currently in focus in the blockchain world.

According to its December operations update, steady growth in Bitcoin production and infrastructure development ruled the 2024.

With approximately 17,722 BTC on its balance sheet and valued at around $4.4 billion, Riot is not just mining Bitcoin. The company is expanding its roots in the decentralized digital asset economy, making it a crypto mining leader.

See Also: Nvidia Hits Record Highs On CES AI Breakthroughs — Goldman Stays Bullish

The Perfect Storm For ETFs With Exposure To Riot

Defiance ETF recently launched an offbeat fund that provides a targeted, 200% daily leveraged exposure to Riot’s share price.

The Defiance Daily Target 2X Long RIOT ETF (NYSE:RIOX) uses a mix of short-dated, in-the-money call options and swap agreements to achieve a leveraged exposure while actively …

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