MicroStrategy ETF MSTX Sees Strong Trading Volumes As Traders Enjoy Volatility

Quick Summary:

The leveraged MicroStrategy ETF MSTX launched by Defiance Investments has gained quick traction with the trading volumes surging for the second consecutive day after launch.

This shows that traders have been enjoying the volatility that the ETF brings to Wall Street.

Although MSTX is the most volatile ETF currently in the United States, it pales in comparison to the 3x MicroStrategy ETF ($3LMI LN) in Europe.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: IndiaSouth KoreaUnited States

Topics: 24/7 Cryptocurrency News MicroStrategy BTC MicroStrategy Bitcoin MSTX MicroStrategy ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-17 @ 08:56:26 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22114083

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 16 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

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Publisher ID: #59

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