Defiance ETFs Files to Increase Leverage on MSTX (MicroStrategy) ETF from 1.75x to 2x, Surpassing $100 Million in Assets
MicroStrategy(MSTR) GlobeNewswire News Room·2024-09-09 23:28
NEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading provider of leverage-focused exchange-traded funds (ETFs), has filed with the SEC to increase the leverage exposure on its flagship MSTX (MicroStrategy) ETF from 1.75x to 2x. This filing has not yet been approved by the SEC. The announcement coincides with the fund surpassing $100 million in assets under management (AUM). The rapid growth reflects strong investor demand for the product's amplified exposure to MicroStrategy Inc. (MSTR), a ...