Defiance ETFs launched the Defiance Daily Target 2X Long PURR ETF (Nasdaq: PUR) on July 8, 2026.
The fund provides twice the daily leveraged exposure to Hyperliquid Strategies Inc. (PURR) stock. This vehicle represents the first exchange-traded fund to offer amplified, single-stock exposure to the company.
Hyperliquid Strategies operates as a digital asset treasury and investment firm. The company focuses on the Hyperliquid Layer-1 blockchain ecosystem and its native HYPE token. This product launch signals increased market interest in Hyperliquid Strategies.