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<ul class="news-points wp-block-list" "wp-block-list"> 
 <li>SEC approves first-ever leveraged MicroStrategy ETF.</li> 
 <li>ETF aims to magnify gains and losses from MicroStrategy’s Bitcoin holdings.</li> 
 <li>Investors warned of heightened risks with leveraged products.</li> 
</ul> 
In a significant move, the US Securities and Exchange Commission (SEC) <a href="https://x.com/BitcoinMagazine/status/1824038377949200449" target="_blank" rel="nofollow">approved</a> the Defiance Daily Target 1.75X Long MSTR ETF (MSTX) listing. This is a major milestone in the crypto-linked ETF landscape, as it becomes the first exchange-traded fund to offer leveraged exposure to MicroStrategy Incorporated, a leading Bitcoin investor. 
The MSTX ETF is designed to deliver 1.75 times the daily percentage change in the share price of MicroStrategy. This leveraged approach seeks to maximize both gains and losses, potentially offering investors a more aggressive way to participate in the price movements of MicroStrategy’s stock, which is heavily correlated to the price of Bitcoin (BTC). 
The MSTX ETF, while not directly investing in BTC, offers investors a way to indirectly participate in the cryptocurrency market through its exposure to MicroStrategy. The company has hogged the limelight for its substantial BTC holdings, and its stock price has often moved in tandem with the …
The post <a href="https://coinedition.com/bitcoin-bulls-rejoice-leveraged-microstrategy-etf-gets-green-light/">Bitcoin Bulls Rejoice: Leveraged MicroStrategy ETF Gets Green Light</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Bulls Rejoice: Leveraged MicroStrategy ETF Gets Green Light

Coin Edition

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