Defiance Daily Target 2X Long RGTI ETF is trading 10.9% up today after its sole underlying stock, Rigetti Computing (RGTI), announced two significant positive developments.

  • Rigetti signed a letter of intent with the U.S. Department of Commerce for a potential award of up to $100 million over three years to advance superconducting quantum computing R&D.
  • A new filing on June 2, 2026, also showed that Eurizon Capital SGR S.p.A. initiated a multi-million dollar stake in Rigetti, boosting investor confidence.