Core Viewpoint - Defiance ETFs has launched the first leveraged MicroStrategy ETF, MST,whichaimstoprovideamplifiedexposuretoMicroStrategy′sstockperformancewhilegeneratingconsistentweeklyincomethroughanoptions−drivenstrategy[1].Group1:ETFFeatures−∗∗LeveragedExposure∗∗: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, MSToffersindirectexposuretoBitcoin′smarkettrendswithoutdirectcryptocurrencyownership[3].Group2:DistributionDetails−∗∗DistributionRate∗∗:ThedistributionrateiscalculatedbymultiplyingtheETF′sdistributionpershareby52anddividingbytheETF′smostrecentNAV[8].−∗∗DistributionAmount∗∗:ThedistributionforMST is set at 0.3350pershare,withanestimatedreturnofcapitalasofMay22,2025,at99.29MST to offer investors amplified exposure to high-growth companies [12].