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Seeking Alpha 2022-04-28 20:23:49

Should You Bet Defiantly Against BLOK?

Defiance ETFs has filed for a new ETF that shorts the Amplify Transformational Data Sharing ETF (BLOK).Given BLOK’s track record of success since its inception in 2018, up over 100% on a cumulative basis, the idea of shorting it seems odd.Maybe Defiance ETFs is just being “defiant”? Let’s take a closer look behind its controversial filing.

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