MSTY is trading at $12.80 (-3.38%) as investors reassess the risks of its MicroStrategy-linked covered-call income strategy.
- The ETF has been under sustained pressure due to a deep bear-market decline, shrinking distributions, and heavy NAV erosion tied to MSTR volatility.
- Broader risk-off trading is adding further pressure to the fund, with U.S. futures and major indices trading lower in pre-market action.