MicroStrategy (MSTR) is known for its large holdings of Bitcoin (BTC-USD). By investing in the stock, investors can indirectly gain exposure to the cryptocurrency. In 2024, the stock surged by 674%, driven by the rise in Bitcoin prices. Despite this massive surge, analysts’ 12-month average price target on MSTR stock implies another 59.7% upside potential. Thus, to gain exposure to MicroStrategy, investors may consider investing in these two ETFs: YieldMax MSTR Option Income Strategy ETF (MSTY) and T-Rex 2X Long MSTR Daily Target ETF (MSTU).
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Let’s take a deeper look at these two ETFs.
YieldMax MSTR Option Income Strategy ETF
The MSTY ETF is an actively managed fund that seeks to generate monthly income by selling call options on MicroStrategy stock. MSTY was launched on February 22, 2024, and trades on the NYSEARCA. Its holdings include U.S. Treasury bills and MicroStrategy stock.
Overall, the MSTY ETF has $1.92 billion in assets under management (AUM). Additionally, it has an expense ratio of 0.99%. The MSTY ETF has returned 52.6% in the past three months.
T-Rex 2X Long MSTR Daily Target ETF
MSTU is a leveraged ETF that aims to provide daily investment results, before fees and expenses, that are 200% of the daily performance of MicroStrategy’s stock. This means that if MSTR’s share price increases by 1% on a given day, MSTU aims to increase by 2% on the same day. This ETF is suitable for short-term trading.
The MSTU ETF has $1.59 billion in AUM and an expense ratio of 1.05%. Over the past three months, the MSTU ETF has generated a return of 104.1%.
Concluding Thoughts
ETFs provide indirect exposure to MicroStrategy, reducing risk compared to investing directly in the stock. Furthermore, ETFs are a liquid and transparent way to participate in the market. Investors seeking ETF recommendations might consider MSTY and MSTU, as these ETFs offer exposure to MSTR stock.
