Golden Finance reported that James Seyffart, an ETF analyst at Bloomberg, said that Defiance Investments submitted an application to the U.S. Securities and Exchange Commission (SEC) to issue a 2x leveraged Ethereum futures ETF, which will be listed and traded under the code ETHL. In addition, Defiance Investments recently applied to issue a 2x leveraged ETF to short MicroStrategy (MSTR) stocks. According to the application documents, the daily return rate of the short ETF will be -2 times the return of MicroStrategy's stock price.