Defiance has introduced a MicroStrategy 1.75x ETF (MSTX), which is a vehicle that tracks the performance of leveraged MSTR stocks.
The MSTX is the most volatile Exchange-Traded Fund (ETF) in the United States, exhibiting a volatility level that is 13 times higher than that of the SPDR S&P 500 ETF Trust.
Nevertheless, the “volatility barrier” could potentially be overcome in the future when MSTX is included in further goods. Although the MSTX is the most volatile in the US, it is nevertheless outperformed by the GraniteShares 3x Long MicroStrategy Daily ETP Fund (3LMI LN) in Europe, which utilizes almost twice the leverage offered by Defiance on MSTR shares.
MicroStrategy, the publicly traded business with the highest quantity of Bitcoin in its treasury, has acquired an additional 37,148 BTC in 2024, resulting in a 95% increase in its shares.
Recently, MicroStrategy announced it wants to raise more money for other business projects and buy more Bitcoin by selling up to $2 billion worth of shares.
