{"success":true,"data":{"pressRelease":{"id":"56349","rtpr_id":"nGNXc9gxTw","ticker":"VELO","exchange":"NASDAQ","all_tickers":["VELO"],"title":"Defiance Launches VELL: The First Daily 2X Long ETF for Velo3D, Inc.","author":"Globe Newswire","published_at":"2026-06-05T13:15:00.146Z","article_body":"MIAMI, June 05, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs today announced the\nlaunch of the Defiance Daily Target 2X Long VELO ETF (VELL)\n(https://www.globenewswire.com/Tracker?data=2x1R_y6BNXsUqt9pfCIYDbBxR3yux7lEF-6JFVxfYgHsTfuOsVq-XQbHp4McYlQdEapuoP80KagBGmpthoEwx_uORjpD-UJQknOMawI9WXnKNxQVYPy8yeYqnlKk8O6-Do4Rmk6IsgfGMJDw1KPhsw==),\nexpanding its lineup of single-stock leveraged ETFs designed for active\ntraders seeking amplified exposure to innovative growth companies. VELL is\ndesigned for traders seeking magnified, short-term bullish exposure to Velo3D,\nInc. (Nasdaq: VELO), a company specializing in advanced metal additive\nmanufacturing (3D printing) designed for high-value, mission-critical parts in\ntechnology-related sectors such as space exploration, aviation, defense, and\nenergy.\n\nBy seeking to deliver 200% of the daily percentage change in the share price\nof Velo3D, Inc., the Fund allows investors to express tactical upside views on\nVELO within the accessibility and transparency of an exchange-traded fund.\n\nInvestment Objective\n\nThe Fund seeks daily investment results, before fees and expenses, of two\ntimes (200%) the daily percentage change in the share price of Velo3D, Inc.\n(Nasdaq: VELO). The Fund does not seek to achieve its stated investment\nobjective for a period other than a single trading day.\n\nUnderlying Stock: Velo3D, Inc.\n\nVelo3D, Inc. is a U.S.-based company specializing in advanced metal additive\nmanufacturing (3D printing) designed for high-value, mission-critical parts in\ntechnology-related sectors such as space exploration, aviation, defense, and\nenergy. VELO offers a fully integrated 3D printing hardware and software\nsolution based on its proprietary laser powder bed fusion (L-PBF) technology,\ndesigned to greatly reduce or eliminate the need for support structures.\nVelo3D's technology serves customers in the space, defense, and energy\nindustries. Velo3D is listed on the Nasdaq Capital Market and is classified\nwithin the Machinery industry.\n\nAn investment in the ETF is not a direct investment in Velo3D, Inc.\n\nThe Fund is not suitable for all investors. The Fund is designed to be\nutilized only by knowledgeable investors who understand the potential\nconsequences of seeking daily leveraged (2X) investment results, understand\nthe risks associated with the use of leverage, and are willing to monitor\ntheir portfolios frequently. The Fund is not intended to be used by, and is\nnot appropriate for, investors who do not intend to actively monitor and\nmanage their portfolios. The Fund pursues daily leveraged investment\nobjectives, which means it is riskier than alternatives that do not use\nleverage. The Fund magnifies the performance of the Underlying Security and is\ndesigned strictly for short-term use. For periods longer than a single day,\nthe Fund's performance will be the result of compounded daily returns, which\nis very likely to differ from 200% of the return of VELO over the same period.\nIt is possible that investors could lose their entire principal within a\nsingle trading day.\n\nMedia Contact:\n\nSylvia Jablonski\ninfo@defianceetfs.com\n833.333.9383\n\nIMPORTANT DISCLOSURES\n\nDefiance ETFs LLC is the ETF sponsor. The Fund's investment adviser is Tidal\nInvestments, LLC (\"Tidal\" or the \"Adviser\").\n\nThe Fund's investment objectives, risks, charges, and expenses must be\nconsidered carefully before investing. The prospectus and summary prospectus\ncontain this and other important information about the investment company.\nPlease read the prospectus\n(https://www.globenewswire.com/Tracker?data=VHW4IFXq1ZlHQFaB3EnH3_2XLMe0mRb4hLdnANFAebj-FFulz0MZza-idEntGhr1P3io7VqWftgWVda1lcCOjO5CTWb1y6BhvaSuJYGL3YfVxmHVbgAtAPjqpPZBsRBZ)\nand/or summary prospectus carefully before investing. Hard copies can be\nrequested by calling 833.333.9383.\n\nInvesting involves risk. Principal loss is possible. As an ETF, the Fund may\ntrade at a premium or discount to NAV. Shares are bought and sold at market\nprice (not NAV) and are not individually redeemed from the Fund. A portfolio\nconcentrated in a single issuer or sector may be subject to a higher degree of\nrisk. There is no guarantee the Fund's strategy will be properly implemented,\nand an investor may lose some or all of its investment.\n\nVELO Price Decline Risk. As part of the Fund's leveraged investment strategy,\nthe Fund enters into swap agreements and options contracts based on the share\nprice of Velo3D, Inc. (Nasdaq: VELO) (the \"Underlying Security\"). This\nstrategy subjects the Fund to certain of the same risks as if it owned shares\nof the Underlying Security, even though it does not. By virtue of the Fund's\nindirect 2X exposure to changes in the share price of the Underlying Security,\nthe Fund is subject to the risk that the Underlying Security's share price\ndeclines. If the share price of the Underlying Security decreases, the Fund\nwill likely lose value and, as a result, the Fund may suffer significant\nlosses. The Fund may also be subject to the following risks:\n\nIndirect Investment in VELO Risk. Velo3D, Inc. is not affiliated with the\nTrust, the Fund, the Adviser, or their respective affiliates, and is not\ninvolved with this offering in any way. Velo3D, Inc. has no obligation to\nconsider the Fund or its shareholders in taking any corporate actions that\nmight affect the value of Fund shares. Investors in the Fund will not have\nvoting rights or other ownership privileges associated with holding shares of\nVelo3D, Inc.\n\nVELO Poor Performance Risk. The market value of Velo3D, Inc. may decline if\nthe company fails to meet or maintain its business expectations and may be\nfurther affected by its substantial liquidity constraints, limited operating\nhistory, concentration in a small number of key customers, intense competition\nin the metal additive manufacturing (3D printing) market, heavy reliance on\ndefense and aerospace programs (including associated government funding\nvolatility, export restrictions, and program re-bidding risks),\nsingle-facility manufacturing operations, and exposure to U.S. and\ninternational trade controls and regulations. Adverse developments specific to\nVelo3D, Inc. or the broader machinery and technology sector could negatively\nimpact the Fund's performance.\n\nSingle Issuer Risk. Issuer-specific attributes may cause an investment in the\nFund to be more volatile than a traditional pooled investment that diversifies\nrisk or tracks the market generally. The Fund's value may fluctuate more\nsharply in response to events affecting Velo3D, Inc. than funds that invest in\na broader range of issuers.\n\nCompounding and Market Volatility Risk. The Fund's performance for periods\ngreater than a trading day will be the result of each day's returns compounded\nover the period, which is likely to differ from 200% of the Underlying\nSecurity's performance. During periods of higher volatility, compounding\neffects may cause the Fund to lose value even if the Underlying Security's\nshare price increases over the longer term.\n\nDaily Correlation/Tracking Risk. There is no guarantee that the Fund will\nachieve a high degree of leveraged correlation to the Underlying Security.\nMarket disruptions, volatility, or limitations in the availability of\nderivatives may cause the Fund's performance to deviate from its daily\nleveraged investment objective.\n\nLeverage Risk. The Fund will seek 2X long exposure through financial\ninstruments, which exposes the Fund to the risk that losses may be magnified.\nLeverage increases the Fund's volatility, and a relatively small movement in\nthe Underlying Security's share price may result in significant losses for the\nFund.\n\nCounterparty Risk. The Fund is subject to counterparty risk due to its use of\nderivatives. If a counterparty fails to meet its contractual obligations, the\nFund may experience delays or losses, which could negatively affect its\nperformance.\n\nDerivatives Risk. The Fund's investments in derivatives may pose risks greater\nthan those associated with directly investing in securities. These risks\ninclude increased volatility, imperfect correlation with the Underlying\nSecurity, liquidity constraints, valuation challenges, and the potential for\nlosses exceeding the amount initially invested.\n\nRebalancing Risk. If the Fund is unable to rebalance its portfolio correctly\nor in a timely manner, its exposure may not be consistent with its investment\nobjective. This may increase the Fund's risk exposure and cause its\nperformance to diverge from its intended daily leveraged results.\n\nNon-Diversification Risk. Because the Fund is non-diversified, it may invest a\ngreater percentage of its assets in a single issuer. As a result, the Fund may\nbe more sensitive to adverse events affecting Velo3D, Inc. than a diversified\nfund.\n\nMetal Additive Manufacturing Market Competition Risk. The metal additive\nmanufacturing (3D printing) market in which Velo3D, Inc. competes continues to\nevolve and is highly competitive. Competitors may have greater resources, and\nthere is no assurance that Velo3D will successfully identify new customer\nrequirements, bring products to market on a timely basis, or that products\ndeveloped by others will not render Velo3D's technology obsolete or\nnoncompetitive — any of which would adversely affect the Fund's performance.\n\nSwap Agreements. The use of swap transactions is a highly specialized\nactivity, which involves investment techniques and risks different from those\nassociated with ordinary portfolio securities transactions.\n\nFixed Income Securities Risk. When the Fund invests in fixed income\nsecurities, the value of your investment in the Fund will fluctuate with\nchanges in interest rates.\n\nHigh Portfolio Turnover Risk. Daily rebalancing is expected to result in high\nportfolio turnover. High portfolio turnover may increase transaction costs,\nwhich could reduce the Fund's returns and potentially result in higher taxable\ndistributions for shareholders.\n\nLiquidity Risk. Some securities or financial instruments held by the Fund may\nbe difficult to sell, particularly during periods of market stress or\nvolatility. Reduced liquidity may make it difficult for the Fund to adjust its\nexposure or meet its investment objective.\n\nNew Fund Risk. The Fund is a recently organized management investment company\nwith a limited operating history. As a result, there is limited performance\nhistory upon which investors can evaluate the Fund.\n\nDistributed by Foreside Fund Services, LLC.\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/8e955bbc-e69c-45d2-b149-3e940cc781fe\nDefiance Launches VELL: The First Daily 2X Long ETF for Velo3D, Inc. \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/8e955bbc-e69c-45d2-b149-3e940cc781fe/en)\nDefiance ETFs today announced the launch of the Defiance Daily Target 2X Long\nVELO ETF (VELL), expanding its lineup of single-stock leveraged ETFs designed\nfor active traders seeking amplified exposure to innovative growth companies.\nVELL is designed for traders seeking magnified, short-term bullish exposure to\nVelo3D, Inc. (Nasdaq: VELO), a company specializing in advanced metal additive\nmanufacturing (3D printing) designed for high-value, mission-critical parts in\ntechnology-related sectors such as space exploration, aviation, defense, and\nenergy.By seeking to deliver 200% of the daily percentage change in the share\nprice of Velo3D, Inc., the Fund allows investors to express tactical upside\nviews on VELO within the accessibility and transparency of an exchange-traded\nfund.\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXc9gxTw","title":"Defiance Launches VELL: The First Daily 2X Long ETF for Velo3D, Inc.","author":"Globe Newswire","ticker":"VELO","created":"2026-06-05T13:15:00.146Z","tickers":["VELO"],"exchange":"NASDAQ","article_body":"MIAMI, June 05, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs today announced the\nlaunch of the Defiance Daily Target 2X Long VELO ETF (VELL)\n(https://www.globenewswire.com/Tracker?data=2x1R_y6BNXsUqt9pfCIYDbBxR3yux7lEF-6JFVxfYgHsTfuOsVq-XQbHp4McYlQdEapuoP80KagBGmpthoEwx_uORjpD-UJQknOMawI9WXnKNxQVYPy8yeYqnlKk8O6-Do4Rmk6IsgfGMJDw1KPhsw==),\nexpanding its lineup of single-stock leveraged ETFs designed for active\ntraders seeking amplified exposure to innovative growth companies. VELL is\ndesigned for traders seeking magnified, short-term bullish exposure to Velo3D,\nInc. (Nasdaq: VELO), a company specializing in advanced metal additive\nmanufacturing (3D printing) designed for high-value, mission-critical parts in\ntechnology-related sectors such as space exploration, aviation, defense, and\nenergy.\n\nBy seeking to deliver 200% of the daily percentage change in the share price\nof Velo3D, Inc., the Fund allows investors to express tactical upside views on\nVELO within the accessibility and transparency of an exchange-traded fund.\n\nInvestment Objective\n\nThe Fund seeks daily investment results, before fees and expenses, of two\ntimes (200%) the daily percentage change in the share price of Velo3D, Inc.\n(Nasdaq: VELO). The Fund does not seek to achieve its stated investment\nobjective for a period other than a single trading day.\n\nUnderlying Stock: Velo3D, Inc.\n\nVelo3D, Inc. is a U.S.-based company specializing in advanced metal additive\nmanufacturing (3D printing) designed for high-value, mission-critical parts in\ntechnology-related sectors such as space exploration, aviation, defense, and\nenergy. VELO offers a fully integrated 3D printing hardware and software\nsolution based on its proprietary laser powder bed fusion (L-PBF) technology,\ndesigned to greatly reduce or eliminate the need for support structures.\nVelo3D's technology serves customers in the space, defense, and energy\nindustries. Velo3D is listed on the Nasdaq Capital Market and is classified\nwithin the Machinery industry.\n\nAn investment in the ETF is not a direct investment in Velo3D, Inc.\n\nThe Fund is not suitable for all investors. The Fund is designed to be\nutilized only by knowledgeable investors who understand the potential\nconsequences of seeking daily leveraged (2X) investment results, understand\nthe risks associated with the use of leverage, and are willing to monitor\ntheir portfolios frequently. The Fund is not intended to be used by, and is\nnot appropriate for, investors who do not intend to actively monitor and\nmanage their portfolios. The Fund pursues daily leveraged investment\nobjectives, which means it is riskier than alternatives that do not use\nleverage. The Fund magnifies the performance of the Underlying Security and is\ndesigned strictly for short-term use. For periods longer than a single day,\nthe Fund's performance will be the result of compounded daily returns, which\nis very likely to differ from 200% of the return of VELO over the same period.\nIt is possible that investors could lose their entire principal within a\nsingle trading day.\n\nMedia Contact:\n\nSylvia Jablonski\ninfo@defianceetfs.com\n833.333.9383\n\nIMPORTANT DISCLOSURES\n\nDefiance ETFs LLC is the ETF sponsor. The Fund's investment adviser is Tidal\nInvestments, LLC (\"Tidal\" or the \"Adviser\").\n\nThe Fund's investment objectives, risks, charges, and expenses must be\nconsidered carefully before investing. The prospectus and summary prospectus\ncontain this and other important information about the investment company.\nPlease read the prospectus\n(https://www.globenewswire.com/Tracker?data=VHW4IFXq1ZlHQFaB3EnH3_2XLMe0mRb4hLdnANFAebj-FFulz0MZza-idEntGhr1P3io7VqWftgWVda1lcCOjO5CTWb1y6BhvaSuJYGL3YfVxmHVbgAtAPjqpPZBsRBZ)\nand/or summary prospectus carefully before investing. Hard copies can be\nrequested by calling 833.333.9383.\n\nInvesting involves risk. Principal loss is possible. As an ETF, the Fund may\ntrade at a premium or discount to NAV. Shares are bought and sold at market\nprice (not NAV) and are not individually redeemed from the Fund. A portfolio\nconcentrated in a single issuer or sector may be subject to a higher degree of\nrisk. There is no guarantee the Fund's strategy will be properly implemented,\nand an investor may lose some or all of its investment.\n\nVELO Price Decline Risk. As part of the Fund's leveraged investment strategy,\nthe Fund enters into swap agreements and options contracts based on the share\nprice of Velo3D, Inc. (Nasdaq: VELO) (the \"Underlying Security\"). This\nstrategy subjects the Fund to certain of the same risks as if it owned shares\nof the Underlying Security, even though it does not. By virtue of the Fund's\nindirect 2X exposure to changes in the share price of the Underlying Security,\nthe Fund is subject to the risk that the Underlying Security's share price\ndeclines. If the share price of the Underlying Security decreases, the Fund\nwill likely lose value and, as a result, the Fund may suffer significant\nlosses. The Fund may also be subject to the following risks:\n\nIndirect Investment in VELO Risk. Velo3D, Inc. is not affiliated with the\nTrust, the Fund, the Adviser, or their respective affiliates, and is not\ninvolved with this offering in any way. Velo3D, Inc. has no obligation to\nconsider the Fund or its shareholders in taking any corporate actions that\nmight affect the value of Fund shares. Investors in the Fund will not have\nvoting rights or other ownership privileges associated with holding shares of\nVelo3D, Inc.\n\nVELO Poor Performance Risk. The market value of Velo3D, Inc. may decline if\nthe company fails to meet or maintain its business expectations and may be\nfurther affected by its substantial liquidity constraints, limited operating\nhistory, concentration in a small number of key customers, intense competition\nin the metal additive manufacturing (3D printing) market, heavy reliance on\ndefense and aerospace programs (including associated government funding\nvolatility, export restrictions, and program re-bidding risks),\nsingle-facility manufacturing operations, and exposure to U.S. and\ninternational trade controls and regulations. Adverse developments specific to\nVelo3D, Inc. or the broader machinery and technology sector could negatively\nimpact the Fund's performance.\n\nSingle Issuer Risk. Issuer-specific attributes may cause an investment in the\nFund to be more volatile than a traditional pooled investment that diversifies\nrisk or tracks the market generally. The Fund's value may fluctuate more\nsharply in response to events affecting Velo3D, Inc. than funds that invest in\na broader range of issuers.\n\nCompounding and Market Volatility Risk. The Fund's performance for periods\ngreater than a trading day will be the result of each day's returns compounded\nover the period, which is likely to differ from 200% of the Underlying\nSecurity's performance. During periods of higher volatility, compounding\neffects may cause the Fund to lose value even if the Underlying Security's\nshare price increases over the longer term.\n\nDaily Correlation/Tracking Risk. There is no guarantee that the Fund will\nachieve a high degree of leveraged correlation to the Underlying Security.\nMarket disruptions, volatility, or limitations in the availability of\nderivatives may cause the Fund's performance to deviate from its daily\nleveraged investment objective.\n\nLeverage Risk. The Fund will seek 2X long exposure through financial\ninstruments, which exposes the Fund to the risk that losses may be magnified.\nLeverage increases the Fund's volatility, and a relatively small movement in\nthe Underlying Security's share price may result in significant losses for the\nFund.\n\nCounterparty Risk. The Fund is subject to counterparty risk due to its use of\nderivatives. If a counterparty fails to meet its contractual obligations, the\nFund may experience delays or losses, which could negatively affect its\nperformance.\n\nDerivatives Risk. The Fund's investments in derivatives may pose risks greater\nthan those associated with directly investing in securities. These risks\ninclude increased volatility, imperfect correlation with the Underlying\nSecurity, liquidity constraints, valuation challenges, and the potential for\nlosses exceeding the amount initially invested.\n\nRebalancing Risk. If the Fund is unable to rebalance its portfolio correctly\nor in a timely manner, its exposure may not be consistent with its investment\nobjective. This may increase the Fund's risk exposure and cause its\nperformance to diverge from its intended daily leveraged results.\n\nNon-Diversification Risk. Because the Fund is non-diversified, it may invest a\ngreater percentage of its assets in a single issuer. As a result, the Fund may\nbe more sensitive to adverse events affecting Velo3D, Inc. than a diversified\nfund.\n\nMetal Additive Manufacturing Market Competition Risk. The metal additive\nmanufacturing (3D printing) market in which Velo3D, Inc. competes continues to\nevolve and is highly competitive. Competitors may have greater resources, and\nthere is no assurance that Velo3D will successfully identify new customer\nrequirements, bring products to market on a timely basis, or that products\ndeveloped by others will not render Velo3D's technology obsolete or\nnoncompetitive — any of which would adversely affect the Fund's performance.\n\nSwap Agreements. The use of swap transactions is a highly specialized\nactivity, which involves investment techniques and risks different from those\nassociated with ordinary portfolio securities transactions.\n\nFixed Income Securities Risk. When the Fund invests in fixed income\nsecurities, the value of your investment in the Fund will fluctuate with\nchanges in interest rates.\n\nHigh Portfolio Turnover Risk. Daily rebalancing is expected to result in high\nportfolio turnover. High portfolio turnover may increase transaction costs,\nwhich could reduce the Fund's returns and potentially result in higher taxable\ndistributions for shareholders.\n\nLiquidity Risk. Some securities or financial instruments held by the Fund may\nbe difficult to sell, particularly during periods of market stress or\nvolatility. Reduced liquidity may make it difficult for the Fund to adjust its\nexposure or meet its investment objective.\n\nNew Fund Risk. The Fund is a recently organized management investment company\nwith a limited operating history. As a result, there is limited performance\nhistory upon which investors can evaluate the Fund.\n\nDistributed by Foreside Fund Services, LLC.\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/8e955bbc-e69c-45d2-b149-3e940cc781fe\nDefiance Launches VELL: The First Daily 2X Long ETF for Velo3D, Inc. \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/8e955bbc-e69c-45d2-b149-3e940cc781fe/en)\nDefiance ETFs today announced the launch of the Defiance Daily Target 2X Long\nVELO ETF (VELL), expanding its lineup of single-stock leveraged ETFs designed\nfor active traders seeking amplified exposure to innovative growth companies.\nVELL is designed for traders seeking magnified, short-term bullish exposure to\nVelo3D, Inc. (Nasdaq: VELO), a company specializing in advanced metal additive\nmanufacturing (3D printing) designed for high-value, mission-critical parts in\ntechnology-related sectors such as space exploration, aviation, defense, and\nenergy.By seeking to deliver 200% of the daily percentage change in the share\nprice of Velo3D, Inc., the Fund allows investors to express tactical upside\nviews on VELO within the accessibility and transparency of an exchange-traded\nfund.\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-06-05T13:15:00.190505007Z","server_sent_at_ms":1780665300190},"received_at":"2026-06-05T13:15:00.305Z","source_url":null},"analysis":{"id":"45775","press_release_id":"56349","analysis_json":{"industry":{"label":"Machinery","sector":"Industrials"},"redFlags":[],"eventType":"product_launch","narrative":"Defiance ETFs launched the Defiance Daily Target 2X Long VELO ETF (VELL), a single-stock leveraged ETF tracking Velo3D.\n\nThe fund seeks to deliver 200% of the daily percentage change in VELO's share price, targeting active traders seeking short-term bullish exposure.\n\nVelo3D is not affiliated with the fund and has no obligation to consider the fund or its shareholders in corporate actions.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Third-party leveraged ETF launch for VELO; no direct corporate impact."},"keyFigures":{},"quotedText":"Velo3D, Inc. is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates, and is not involved with this offering in any way.","namedEntities":{"people":[{"name":"Sylvia Jablonski","role":"Media Contact"}],"products":["Defiance Daily Target 2X Long VELO ETF","VELL"],"companies":[{"name":"Defiance ETFs","relationship":"ETF sponsor"},{"name":"Velo3D, Inc.","ticker":"VELO","relationship":"underlying asset"},{"name":"Tidal Investments, LLC","relationship":"investment adviser"},{"name":"Foreside Fund Services, LLC","relationship":"distributor"}],"dollarAmounts":[]},"materialImpact":{"score":1,"reasoning":"The launch of a third-party leveraged ETF (VELL) by Defiance ETFs is a derivative product announcement. It does not represent a direct corporate action, partnership, or financial result for Velo3D (VELO). Velo3D is explicitly stated to be unaffiliated with the fund. This is low-impact noise for the underlying issuer."},"tickerRelevance":{"others":[],"primary":"VELO"},"globalImportance":5,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","directImpact":"none","eventGravity":"derivative_product_launch","issuerAuthored":false}},"event_type":"product_launch","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Defiance ETFs launched the Defiance Daily Target 2X Long VELO ETF (VELL), a single-stock leveraged ETF tracking Velo3D.\n\nThe fund seeks to deliver 200% of the daily percentage change in VELO's share price, targeting active traders seeking short-term bullish exposure.\n\nVelo3D is not affiliated with the fund and has no obligation to consider the fund or its shareholders in corporate actions.","key_figures":{},"named_entities":{"people":[{"name":"Sylvia Jablonski","role":"Media Contact"}],"products":["Defiance Daily Target 2X Long VELO ETF","VELL"],"companies":[{"name":"Defiance ETFs","relationship":"ETF sponsor"},{"name":"Velo3D, Inc.","ticker":"VELO","relationship":"underlying asset"},{"name":"Tidal Investments, LLC","relationship":"investment adviser"},{"name":"Foreside Fund Services, LLC","relationship":"distributor"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-05T13:15:39.598Z","global_importance":5,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","directImpact":"none","eventGravity":"derivative_product_launch","issuerAuthored":false}},"durationMs":39285,"modelName":"george-droid-qwen-72b"}}