MSTP

GraniteShares 2x Long MSTR Daily ETF

$5.13

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The GraniteShares 2x Long MSTR Daily ETF (MSTP) seeks to provide 2x the daily return of the price of Bitcoin, as measured by the Coin Metrics Bitcoin Reference Rate (BRR).

Overview

ETF tracking GraniteShares 2x Long MSTR Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-06-10

Market Cap N/A

Average Volume N/A

Dividend Yield N/A

52-Week Range $5.13 - $32.16

VWAP $5.16

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The GraniteShares 2x Long MSTR Daily ETF (MSTP) seeks to provide 2x the daily return of the price of Bitcoin, as measured by the Coin Metrics Bitcoin Reference Rate (BRR).

🎯 Investment Strategy

The fund uses swap agreements and other derivatives to provide leveraged exposure to Bitcoin. It does not invest directly in Bitcoin or other cryptocurrencies.

✨ Key Features

Provides 2x the daily return of Bitcoin, before fees and expenses
Uses derivatives to achieve leveraged exposure, not direct investment in Bitcoin
Resets daily, so longer-term performance may differ from 2x Bitcoin
Relatively small fund with low assets under management

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for divergence between fund performance and 2x Bitcoin over time
Liquidity risk and premium/discount to net asset value
Risks associated with use of derivatives and counterparty exposure

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who seek short-term, speculative exposure to Bitcoin price movements and understand the risks of leveraged investing. It is not suitable for long-term or conservative investors.