🔴 Defiance Daily Target 2X Long RGTI ETF is trading 13.2% down today on broader tech risk-off and Rigetti volatility

Defiance Daily Target 2X Long RGTI ETF is trading 13.2% down today as broader risk-off sentiment in technology pressures speculative growth and AI-related stocks.

• The ETF acts as a leveraged 2x long play on Rigetti Computing, resulting in amplified daily moves and outsized downside during periods of underlying share volatility.
• Weakness in high-valuation technology sectors following recent disappointments has contributed to a sharp pullback after several highly volatile trading sessions.