Defiance Introduces MUZ, First 2× Short ETF Targeting Micron Technology

Defiance announced the launch of a new exchange‑traded fund named MUZ. MUZ is designed to provide twice‑the inverse performance of Micron Technology stock. The fund represents the first 2× short ETF specifically for Micron Technology. It aims to give investors a tool to profit from potential declines in Micron’s share price. The product will trade on major U.S. exchanges following standard ETF procedures. Defiance highlighted the fund’s leveraged structure and targeted exposure. Potential investors are reminded of the risks associated with leveraged short positions. The launch expands Defiance’s suite of thematic and leveraged ETFs.