For traders looking to capitalize on the daily percentage change in the share price of MicroStrategy (MSTR), the Defiance Daily Target 1.75X Long MicroStrategy ETF (MSTX) offers the potential for significant returns. This fund, which went live on Aug. 15, aims to provide investors with 175% of the daily percentage change in MSTR’s stock price.
According to data from Bloomberg Intelligence senior ETF analyst Eric Balchunas, MSTX has already attracted approximately $857 million in assets since its launch. This places the fund in the top 8% of new ETF launches this year, highlighting the strong investor interest in leveraging the performance of MicroStrategy’s stock.
With its unique focus on capturing daily movements in MSTR’s share price, the Defiance Daily Target 1.75X Long MicroStrategy ETF offers traders a dynamic opportunity to potentially amplify their returns based on the market’s daily fluctuations.
