🔴 MSTY is trading 3.3% down today on distribution cuts and strategy scrutiny

MSTY is trading 3.3% down now at $12.82 as investors react to renewed scrutiny of its MicroStrategy-linked covered-call income strategy and ongoing distribution cuts.

• The ETF has faced heavy NAV erosion and shrinking payouts as MicroStrategy and Bitcoin sell off, impacting the fund's underlying performance.
• Fresh commentary highlighting a collapsing yield, reduced weekly distributions, and the risk of uncapped losses is adding to negative sentiment today.