MicroStrategy ETF With 1.5x Leverage To Go Live Tomorrow

Quick Summary:

MicroStrategy Incorporated, one of the world’s largest corporate Bitcoin (BTC) holders is set to see the launch of a new Exchange Traded Fund (ETF) with 1.5x leverage.

This move reflects the growing demand for more crypto-based products amongst institutional investors.

It also shows the perception to the company’s dedication towards embracing crypto.

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets: IndiaUnited States

Topics: 24/7 Cryptocurrency News MicroStrategy ETF

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-20 @ 20:03:30 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22184114

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

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Publisher ID: #59

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