asourcefamiliarwiththematter on Nostr: It's leveraged long, so the ETF aims to recreate 175% of the movement of MSTR So if ...

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)