Wall Street Just Got Its Most Volatile ETF as Risky Bets Boom

What You Need To Know

• The fund looks to offer leveraged returns on MicroStrategy, which invests in Bitcoin and has a 90-day volatility of about 97%.
• Leveraged single-stock ETFs debuted two years ago, even as SEC officials sounded the alarm on them.
• Asset manager Defiance — known for its thematic offerings — also recently launched a double-leverage Eli Lilly ETF.