Bloomberg analyst: 2x leveraged MSTR ETF's first-day trading volume may exceed $10 million

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ODAILY
09-19
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Odaily Odaily News: Eric Balchunas, ETF analyst at Bloomberg, wrote on the X platform that the newly launched 2x leveraged MicroStrategy (MSTR) ETF performed well on its first day of trading. The ETF's trading volume was $2 million yesterday, and it has reached $6 million today, and is expected to exceed $10 million. Balchunas pointed out that only 1-2% of ETFs can achieve such trading volume in the early stages of issuance. The ETF rose 17%, and although there is already a more liquid 1.75x leveraged MSTR ETF in the market, the slightly higher leverage ratio still attracted investors.

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