{"id":17151,"date":"2025-03-11T09:16:43","date_gmt":"2025-03-11T09:16:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17151"},"modified":"2025-03-11T09:16:43","modified_gmt":"2025-03-11T09:16:43","slug":"leveraged-etfs-tied-to-strategy-see-trading-volume-surge-as-bitcoin-hodler-mstr-teeters-on-200-day-average","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17151","title":{"rendered":"Leveraged ETFs Tied to Strategy See Trading Volume Surge as Bitcoin-HODLer MSTR Teeters on 200-Day Average"},"content":{"rendered":"<div>\n<p>Defiance&#8217;s leveraged Strategy (MSTR) exchange-traded funds (ETFs) saw a surge in activity on Monday as the bitcoin (BTC)-holding firm&#8217;s shares fell to their 200-day average.<\/p>\n<p>A record 24.33 million shares in the Defiance daily target 2x long MSTR ETF, trading under the ticker MSTX, changed hands as the ETF price slipped 32% to $17.90, the lowest since September, according to data source TradingView. The ETF seeks to deliver 200% of the daily percentage change in the share price of Strategy, formerly known as MicroStrategy.<\/p>\n<p>Meanwhile, trading volume in the Defiance daily target 2x short MSTR ETF (SMST) tallied 51.21 million, the highest since Nov. 24. The ETF seeks to deliver investment results corresponding to 2 times the inverse of the daily performance of shares in Strategy. (The net inflow figure for both funds for Monday is not yet available.)<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/a34823d075d1e21e2613e0f0f394ce680731ca46-2358x1028.png?auto=format\" alt=\"\"><\/p>\n<p>MSTR fell 16.6% Monday to its 200-day simple moving average (SMA), revisiting the late February low of $231.62 as the broader market wilted on U.S. recession fears and continued rise in the anti-risk Japanese yen. The share price has declined 55% since reaching a peak of $543 on Nov. 21.<\/p>\n<p>Strategy is the <a href=\"https:\/\/bitcointreasuries.net\/\" target=\"_blank\">world&#8217;s largest<\/a> public-listed bitcoin holder, boasting a coin stash of 499,096 BTC ($40.4 billion). The company began accumulating BTC as a balance sheet asset in November and has since pursued an aggressive accumulation strategy of funding purchases with debt sales.<\/p>\n<p>On Monday, the company <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/03\/10\/strategy-announces-usd21b-preferred-atm-offering-to-buy-more-bitcoin\" target=\"_blank\">announced<\/a> a $21 billion at-the-market (ATM) offering of its Series A preferred stock (STRK), the proceeds of which will be mostly used to finance fresh BTC purchases.<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Defiance&#8217;s leveraged Strategy (MSTR) exchange-traded funds (ETFs) saw a surge in activity on Monday as the bitcoin (BTC)-holding firm&#8217;s shares fell to their 200-day average. A record 24.33 million shares in the Defiance daily target 2x long MSTR ETF, trading under the ticker MSTX, changed hands as the ETF price slipped 32% to $17.90, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17151","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17151"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17151\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}