Core Viewpoint - Defiance ETFs has launched the Defiance Daily Target 2X Long JPM ETF (Ticker: JPX), which offers investors 2X daily exposure to the performance of JPMorgan Chase & Co. [1][2] Company Overview - Defiance ETFs is recognized as a leader in thematic and leveraged exchange-traded funds, focusing on innovative investment solutions [1][6]. - The company aims to provide retail investors with access to high-growth opportunities in the financial services sector without requiring a margin account [1][6]. Product Details - JPX seeks to deliver daily investment results of 200% of the daily performance of JPMorgan Chase & Co., utilizing derivatives such as swaps and options to achieve its leveraged objectives [2][3]. - The ETF is designed for knowledgeable investors who understand the implications of seeking daily leveraged investment results [5]. Industry Context - JPMorgan Chase & Co. holds a dominant position in the global economy, excelling in consumer banking, corporate & investment banking, and asset & wealth management [3]. - The company is actively innovating in areas such as fintech integrations, blockchain applications, and sustainable investing, positioning itself for sustained growth amid economic changes [3].