New MST ETF Mixes MicroStrategy (Strategy) Leverage With A Side Of Weekly Income
In a world of increasingly divided markets between yield-hungry investors and adrenaline-seeking traders, Defiance ETFs is convinced there are some who want both. Meet the Defiance Leveraged Long + Income MSTR ETF (NASDAQ:MST), a recently introduced fund that combines leveraged long exposure to MicroStrategy Inc (Strategy) (NASDAQ:MSTR) stock with an unusual twist in the world of geared ETFs — weekly income.
It’s a high-wire performance: part momentum game, part revenue driver and all constructed around one of Wall Street’s most unstable surrogates for Bitcoin.
Also Read: New Grayscale ETF Lets You Invest In Bitcoin, Without The Coin
A First-of-Its-Kind Structure
MST is the inaugural ETF to provide 1.5x to 2x daily exposure to MicroStrategy (Strategy) while at the same time attempting to distribute income weekly through …