Defiance Rebrands ETF Filing Into AI-Focused MANGOS Fund

Defiance has repurposed a previously filed ETF into the Defiance MANGOS ETF (MNGO), targeting an August 21, 2026 effective date. The actively managed fund will use the BITA MANGOS Select Index as a reference framework, focusing on six AI ecosystem leaders: Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX. Unlike a passive index fund, MNGO can actively adjust exposures, use options and swaps, and invest up to 15% of assets in private companies, providing investors with access to both public and private AI-related innovation.