MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin

An identical fund, the Defiance Every day Goal 1.75X Lengthy MicroStrategy ETF (MSTX), guarantees merchants returns of 175% of the each day proportion change within the share worth of MSTR. MSTX went reside on Aug. 15 and has up to now taken in roughly $857 million, in line with knowledge from Bloomberg Intelligence senior ETF analyst Eric Balchunas, placing it within the prime 8% of launches this 12 months.