Defiance Investments Launches The First High-Leverage MicroStrategy ETF

TL;DR Defiance ETFs launches MSTX, the first Bitcoin-related leveraged ETF in the U.S., offering 175% long daily exposure to MicroStrategy. MicroStrategy’s stock, with a higher beta than Bitcoin, provides amplified exposure to Bitcoin, making MSTX attractive to sophisticated investors. MicroStrategy holds 226,500 Bitcoins, and its stock has surged 92.54% YTD, outpacing Bitcoin’s 38.52%... source: https://crypto-economy.com/defiance-investments-launches-the-first-high-leverage-microstrategy-etf/