Defiance Daily Target 2x Long M
Source: Yahoo Financex1.75 vs BTCSource: Yahoo Finance
AUM
$387.69M
NAV
$25.64
+9.75% vs NAV
Expense Ratio
1.31%
Shares Outstanding
15,120,277
Issuer
Defiance ETFs LLC
Inception
—
Type
Futures · 1.75x
Exchange
NasdaqGM
Price
Volume · Quotes
Returns · Signals
Down 16.5% YTD. Crypto ETFs experience significant drawdowns — make sure this aligns with your risk tolerance and time horizon.
Fund Details
Dividend
Trailing 12MSource: Yahoo Finance
Price data updated every 60 seconds via Firestore. Pre-market estimations are calculated from live BTC prices on Binance.
MSTX (Defiance Daily Target 1.75x Long MSTR ETF) is a 2x leveraged Bitcoin strategy ETF using derivatives to amplify daily BTC price movements. Issued by Defiance ETFs, it trades on US equity exchanges during regular market hours, giving investors a familiar brokerage-account wrapper for Bitcoin exposure without needing to hold BTC directly on a crypto exchange or in a self-custodied wallet.
Defiance's leveraged MicroStrategy ETF offering amplified exposure to MSTR's Bitcoin holdings. Because it targets 2x the daily return of BTC, MSTX is designed for short-term tactical use — compounding effects can cause multi-day returns to diverge meaningfully from 2x the underlying asset.
Pre-Tick tracks MSTX in real time and computes a pre-market and after-hours estimated price by combining the last MSTX close with live Bitcoin prices from Binance, adjusted for the fund's 2x exposure. This lets investors see where MSTX is likely to open before US markets re-open each trading day, alongside institutional-grade analytics such as 50/200-day moving averages, NAV premium/discount, expense-ratio comparisons, 52-week ranges, and bid-ask spread data.
MSTX is Defiance Daily Target 1.75x Long MSTR ETF, a 2x leveraged Bitcoin strategy ETF using derivatives to amplify daily BTC price movements issued by Defiance ETFs. It provides Bitcoin exposure through a regulated US exchange-traded fund.
When US equity markets are closed, Pre-Tick takes the last official MSTX close price and adjusts it by the percentage change in Bitcoin since that close, multiplied by the fund's 2x exposure. The result is a live, leverage-adjusted estimate of where MSTX is likely to open, updated as BTC moves on Binance 24/7.
MSTX tracks Bitcoin (BTC) via regulated futures contracts or derivatives rather than holding spot BTC directly.
MSTX is issued and managed by Defiance ETFs, listed on US exchanges for trading during standard US market hours.
MSTX is a 2x leveraged ETF designed for short-term tactical positioning. Daily compounding of 2x returns means multi-day performance can diverge meaningfully from 2x the underlying BTC move, so it is generally not intended as a long-term buy-and-hold vehicle.
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