Replying to Avatar Platinum Bear

Explain what the 1.75x means?
Avatar
a source familiar with the matter 1y ago

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)

Reply to this note

Please Login to reply.

Discussion

Avatar
Platinum Bear 1y ago

Thank you for the clarification. Would that not make the stock more volatile even though the company is a stable company.