coingape.com
Leveraged MicroStrategy ETFs surpassed $400 million in net assets, driven by retail investors seeking exposure to Bitcoin’s volatility.
Defiance ETFs launched a leveraged MSTR ETF in August, and rivals REX Shares and Tuttle Capital Management followed suit in September with even more turbo-charged versions. Bloomberg ETF analyst Eric Balchunas termed it the “hot sauce arms race.”