🚨 Cryptocurrency News:
- MicroStrategy ETFs (MSTR) Surpass $400M in Net Assets Despite Bitcoin (BTC) Volatility.
- Defiance ETFs launched the first leveraged MSTR ETF in August, followed by REX Shares and Tuttle Capital in September with even more leveraged offerings.
- MicroStrategy continues to use its balance sheet to buy BTC, plans to issue $700M in debt for further purchases.
- Leveraged ETFs add additional risk and are often undervalued due to daily rebalancing.