The MSTX ETF for MicroStrategy surpasses $400 million in assets under management.
From GlobeNewswire: 2024-09-30 02:00:00
Defiance ETFs’ MSTX ETF has exceeded $400 million in assets under management, highlighting investor interest in leveraged strategies and MicroStrategy Inc. The ETF, offering 1.75x daily exposure to MicroStrategy’s stock, appeals to risk-seeking investors in the tech and crypto sectors. With growing institutional adoption of digital assets, the timing for the launch of MSTX is opportune. Defiance ETFs’ CEO, Sylvia Jablonski, credits the successful growth to the demand for specialized leveraged products. Founded in 2018, Defiance ETFs specializes in income and thematic investing, providing cutting-edge leveraged ETFs geared towards tactical traders and investors.
Read more at GlobeNewswire: MSTX, The First Leveraged MicroStrategy ETF in the U.S.
