ANALYSIS: 2x Leveraged MSTR ETF May Trade Over $10 Million On First Day
The newly launched 2x leveraged MicroStrategy (MSTR) ETF had a strong first day of trading, according to Bloomberg ETF analyst Eric Balchunas in a post on the X platform. The ETF, which traded $2 million yesterday, is up to $6 million today and is expected to exceed $10 million, Balchunas said, noting that only 1-2% of ETFs achieve that kind of volume in the early stages of launch. The ETF is up 17 per cent, with the slightly higher leverage attracting investors despite the fact that there is already a more liquid 1.75x leveraged MSTR ETF in the market.
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