SEC Approves the First Leveraged MicroStrategy ETF
The SEC approved the first leveraged single-stock ETF targeting MicroStrategy, which offers amplified Bitcoin exposure due to its large holdings. The 175% daily leveraged MSTX ETF is issued by Defiance ETFs.
The Securities and Exchange Commission has approved the launch of MSTX, the first leveraged single-stock ETF targeting MicroStrategy. The ETF will seek to deliver 175% of MicroStrategy's stock's daily return.
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