Defiance ETFs Announces First Weekly Distribution of $0.3350/Share for $MST: Defiance Leveraged Long + Income MSTR ETF

Core Viewpoint - Defiance ETFs has launched the first leveraged MicroStrategy ETF, $MST, which aims to provide amplified exposure to MicroStrategy's stock performance while generating consistent weekly income through an options-driven strategy [1]. Group 1: ETF Features - Leveraged Exposure: $MST seeks to deliver approximately 150% to 200% of MicroStrategy's daily price performance, offering amplified exposure to its volatility and growth potential [2]. - Weekly Income: The ETF utilizes a credit call spreads strategy to generate high income distributed weekly, providing investors with regular cash flow [2]. - Indirect Bitcoin Access: Through MicroStrategy's significant Bitcoin holdings, $MST offers indirect exposure to Bitcoin's market trends without direct cryptocurrency ownership [3]. Group 2: Distribution Details - Distribution Rate: The distribution rate is calculated by multiplying the ETF's distribution per share by 52 and dividing by the ETF's most recent NAV [8]. - Distribution Amount: The distribution for $MST is set at $0.3350 per share, with an estimated return of capital as of May 22, 2025, at 99.29% [10][11]. - Key Dates: The ex-dividend date is May 21, 2025, and the payable date is May 22, 2025 [10]. Group 3: Company Background - Defiance ETFs Overview: Founded in 2018, Defiance ETFs is a leader in thematic, income, and leveraged ETFs, continuing to innovate with products like $MST to offer investors amplified exposure to high-growth companies [12].