PANews 31 October news, according to Decrypt, ETF issuer Defiance announced on Tuesday that it will increase the leverage multiples of its funds tracking MicroStrategy's stock price to match the leverage multiples set by competitor T-Rex. Defiance stated in a release: "The daily target exposure of the MSTX and SMST ETFs will be increased from 1.75x and 1.5x to 2x respectively. With the BTC market rising, similarly high-risk MSTR-based funds have attracted a large influx of investor funds, and increasing the leverage multiples will keep the issuer's ETFs competitive."
