Defiance InvestmentsUBS Enters Active Equity ETF Market With Global Income Strategy
UBS Asset Management has launched its first active equity ETF in Europe with the UBS Global Equity Income Plus UCITS ETF (FGZJ).
Defiance ETFs has launched the Defiance Daily Target 2X Long PURR ETF (Nasdaq: PUR), the first ETF to provide 2x daily leveraged exposure to Hyperliquid Strategies Inc. (Nasdaq: PURR). The actively managed fund uses swaps and listed options to deliver twice the stock’s daily return before fees and expenses, rebalancing each trading day. PUR is designed for short-term tactical trading, offering amplified exposure to a company focused on the Hyperliquid blockchain ecosystem and HYPE token treasury strategy. Due to daily compounding and leverage, returns over longer periods may differ significantly from 2x the stock’s performance, and investors could lose their entire investment in a single day.
At a glance
- Beat
- Launches
- Issuer
- Defiance Investments
- Region
- United States
- Filed
- 8 July 2026
Source: Press Release
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