🚀 MicroStrategy's leveraged ETFs have hit a whopping $400M in net assets! Retail investors are diving headfirst into these ultra-volatile Bitcoin plays.
- Defiance ETFs launched the first leveraged MSTR ETF in August.
- REX Shares and Tuttle Capital joined the "hot sauce arms race" in September with even spicier offerings.
- MicroStrategy, originally a business intelligence firm, has morphed into a Bitcoin juggernaut since 2020.
- New ETFs like MSTX and MSTU aim for 175% and 200% leverage, respectively.
Eric Balchunas quips, "What a country!" as inflows hit $70M in the first week. Buckle up, crypto fans! 🚀