MicroStrategy Incorporated, one of the world’s largest corporate Bitcoin (BTC) holders is set to see the launch of a new Exchange Traded Fund (ETF) with 1.5x leverage. This move reflects the growing demand for more crypto-based products amongst institutional investors. It also shows the perception to the company’s dedication towards embracing crypto.
Another Volatile MicroStrategy ETF
Senior Bloomberg ETF Analyst Eric Balchunas highlighted the launch, stating that it would pass as one of the most volatile ETFs in history. This is similar to the initial MicroStrategy ETF MSTX offering 1.75x leverage over the MSTR stock price, that launched last week.
At the same, he noted that it would be a “touch less than top dog $MSTX (1.75x long MSTR) which btw has traded a record $50m today.” The ETF expert acknowledged the meteoric growth that the liquidity is experiencing and added that it could reach $100 million in no time.
That MicroStrategy has this type of ETF is clearly linked to it
We współpracy z: https://coingape.com/microstrategy-etf-with-1-5x-leverage-to-go-live-tomorrow/
