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ETF NewswireETF ClosuresStory
Closures

Defiance to Shut Down Nine Leveraged ETFs Across Single Stocks and Drones

Defiance will close and liquidate nine leveraged ETFs: MPL, OKLS, HOOZ, RKTL, DKNX, DRNL, LMNX, and ZETX—eight tickers covering nine targeted exposures/funds as filed, including MP Materials, Oklo, Robinhood, Rocket Companies, DraftKings, drones, Lemonade, and Zeta. The funds will cease regular exchange trading and close to purchases after August 27, 2026, before liquidating on or about September 8. Portfolios will shift toward cash during the wind-down, with remaining shareholders receiving pro rata cash distributions that may have tax consequences.

At a glance
Beat
Closures
Issuer
Defiance Investments
Region
United States
Filed
21 August 2026

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