Earlier last week, Defiance Investments launched the Microstrategy ETF $Defiance Daily Target 1.75X Long MSTR ETF(MSTX)$ offering 1.75x leverage over the $MicroStrategy(MSTR)$ stock price.
The launch of the ETF saw strong trading interest with trading volumes spiking for two consecutive days as traders enjoy the volatility that the ETf brings.
Bloomberg’s ETF Strategist Eric Balchunas highlighted the strong performance of the Microstrategy ETF stating that it has got impressive trading volumes within two days of launch.
During its second day of trading, $Defiance Daily Target 1.75X Long MSTR ETF(MSTX)$ registered $34 million in trading activity, surpassing its first-day figures as well as other ETFs like $GraniteShares 2x Long NVDA Daily ETF(NVDL)$ , which had a fraction of activity in the initial day.
💰 Stocks to watch today?(15 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch?
2. What trading opportunities are there? Do you have any plans?
🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments