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CoinGape

MicroStrategy ETF With 1.5x Leverage To Go Live Tomorrow

CoinGape
Summary
Nutrition label

71% Informative

MicroStrategy Incorporated is one of the world’s largest corporate Bitcoin (BTC) holders is set to see the launch of a new Exchange Traded Fund (ETF) with 1.5x leverage.

This move reflects the growing demand for more crypto-based products amongst institutional investors.

The firm's exposure to Bitcoin is drawing more funds to it.

This is the second of such ETF products launching this month .

VR Score

53

Informative language

41

Neutral language

66

Article tone

formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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