IREN Limited (IREN), formerly Iris Energy, is an Australia-based operator of renewable-powered data centers, originally built around Bitcoin mining and now expanding aggressively into AI and high-performance computing (HPC) hosting. Its tight link to Bitcoin prices and large AI capex bets make the stock highly volatile — which is exactly why leveraged ETF issuers have built single-stock products around it.
In this post, we'll examine 4 leveraged approaches to IREN exposure, exploring charts and key details.
Quick Overview
| Ticker | Fund Name | Leverage | Direction | Expense Ratio | AUM |
|---|---|---|---|---|---|
| Long | |||||
| IRE | Defiance Daily Target 2X Long IREN ETF | 2x | Long | 1.35% | $349.3M |
| IREX | Tradr 2X Long IREN Daily ETF | 2x | Long | 1.30% | $60.7M |
| IREG | Leverage Shares 2X Long IREN Daily ETF | 2x | Long | 0.75% | $28.9M |
| Short (Inverse) | |||||
| IREZ | Tradr 2X Short IREN Daily ETF | 2x | Short | 1.49% | $16.2M |
IRE
Defiance Daily Target 2X Long IREN ETF
IREX
Tradr 2X Long IREN Daily ETF
IREG
Leverage Shares 2X Long IREN Daily ETF
IREZ
Tradr 2X Short IREN Daily ETF
Risk Warning: Leveraged and inverse ETFs are complex financial instruments that may not be suitable for all investors. Past performance does not guarantee future results. Please consult with a financial advisor before making investment decisions.