Explain what the 1.75x means?
Discussion
It's leveraged long, so the ETF aims to recreate 175% of the movement of MSTR
So if MicroStrategy goes up 10% in a day, the ETF should go up 17.5% on the same day (and similarly for declines)
Explain what the 1.75x means?
It's leveraged long, so the ETF aims to recreate 175% of the movement of MSTR
So if MicroStrategy goes up 10% in a day, the ETF should go up 17.5% on the same day (and similarly for declines)