According to Odaily, Bloomberg ETF analyst Eric Balchunas announced on the X platform that Defiance is set to launch a 1.75x Microstrategy ETF, ticker symbol $MSTX, tomorrow. Despite its leverage being 'only' 1.75 times, it is anticipated to become the most volatile ETF in the U.S. market, equivalent to 13 times the volatility of SPY.