As a seasoned crypto investor with a knack for leveraged ETFs, this latest move by Defiance ETFs to amp up the leverage of its MicroStrategy ETF to 2X, and potentially offer 4x Bitcoin exposure, has piqued my interest. With over two decades of experience in the financial markets under my belt, I’ve learned that increased leverage can amplify potential gains but also increase risk.
According to the latest announcement, Defiance ETFs, the issuer, has increased the level of leverage on its MicroStrategy ETF to twice the standard amount.
According to ETF analyst Eric Balchunas, this means that the ETF will be able to offer 4x Bitcoin exposure.
As an analyst, I’ve noted that Sylvia Jablonski, the CEO of Defiance ETFs, has acknowledged the significance of amplifying our offerings due to escalating investor interest in enhanced leverage.
As reported by U.Today, T-Rex’s MicroStrategy ETF also offers 2X leverage.
The shares of MicroStrategy (MSTR) are up more than 20% over the past five days alone.
Over the course of yesterday, I found myself on the edge of my seat as the value of my Bitcoin investments nearly reached its prior record peak.
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2024-10-30 09:27