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Analysis: 2 times leverage MSTR ETF first day trading volume or more than 10 million dollars

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2024-09-19 15:21:26
Bloomberg ETF analyst Eric Balchunas wrote on the X platform that the newly launched 2x leveraged MicroStrategy (MSTR) ETF had a good first day of trading. The ETF traded at $2 million yesterday, reached $6 million today, and is expected to exceed $10 million. Balchunas pointed out that only 1-2% of ETFs can achieve this volume in the early stage of their issuance. The ETF rose 17%, and although the market already has a highly liquid 1.75x leveraged MSTR ETF, the slightly higher leverage ratio still attracts investors.
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