A similar fund, the Defiance Daily Target 1.75X Long MicroStrategy ETF (MSTX), promises traders returns of 175% of the daily percentage change in the share price of MSTR. MSTX went live on Aug. 15 and has so far taken in roughly $857 million, according to data from Bloomberg Intelligence senior ETF analyst Eric Balchunas, putting it in the top 8% of launches this year.
Source: https://www.coindesk.com/markets/2024/09/27/microstrategy-2x-leveraged-etf-sees-massive-inflows-in-first-week-of-trading-as-mstr-outperforms-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines