Defiance launches MUZ, the first 2× short ETF targeting Micron Technology

Defiance announced the debut of MUZ, a new exchange‑traded fund. MUZ is designed to deliver twice the inverse performance of Micron Technology stock. The product is marketed as the first 2× short ETF for the semiconductor company. Investors can use MUZ to hedge against a decline in Micron’s share price. The fund’s structure aims to provide amplified short exposure. Defiance highlighted the growing demand for leveraged strategies. Regulatory filings detail the ETF’s investment objectives and risks. Market participants will assess MUZ’s appeal amid volatile chip sector trends.