Leveraged MicroStrategy ETFs Are a ‘Ghost Pepper’ Bet on Bitcoin—And They’re Booming

    https://decrypt.co/283562/leveraged-microstrategy-etfs-explosive-growth-bitcoin

    Posted by Rutiini

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    1. tldr; Leveraged ETFs based on MicroStrategy stock, MSTX and MSTU, are gaining popularity among American investors seeking high-risk, high-reward opportunities linked to Bitcoin. MSTX offers 1.75x leverage, while MSTU offers 2x leverage on MicroStrategy’s stock performance. These ETFs, described as the ‘ghost pepper of ETF hot sauce’ due to their volatility, have quickly amassed significant assets. MicroStrategy, known for its substantial Bitcoin holdings, has rebranded as a ‘Bitcoin development company,’ attracting investors seeking exposure to Bitcoin’s potential gains.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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