According to Eric Balchunas, the 2x + Income MSTR ETF (MST) saw approximately $3 million in trading volume on its first day, placing it in the top 5% of new ETF launches by volume (source: Eric Balchunas, Twitter, May 2, 2025). This strong debut suggests significant trader demand, likely due to the popularity of the existing 2x MSTR ETF and user requests for leveraged MSTR exposure. Traders should monitor MST's liquidity and volatility, as high initial volume can attract both momentum strategies and institutional interest, potentially impacting short-term price action and spreads.

According to Eric Balchunas, the 2x + Income MSTR ETF is set to launch this Friday, combining leveraged exposure to MicroStrategy with an options-based credit call spread for enhanced yield (source: Eric Balchunas, Twitter). This ETF aims to provide traders with amplified returns linked to MicroStrategy's stock performance while generating additional income through credit call spreads, a structure not previously seen in crypto-linked ETFs. This makes it a unique tool for active traders seeking both leveraged gains and income generation in a single ETF (source: Eric Balchunas, Twitter).