币界网报道:MicroStrategy's Bitcoin-focused ETF (MSTY) is gaining traction as Bitcoin's price surges, offering investors exposure to the company's BTC holdings without direct ownership. The fund, launched in June, tracks MicroStrategy's stock performance, which is closely tied to Bitcoin's volatility. Analysts note MSTY provides a regulated alternative to spot Bitcoin ETFs, though it carries unique risks like corporate governance factors. With MicroStrategy holding over 214,000 BTC ($15 billion), the ETF's performance remains heavily dependent on Bitcoin's price movements. Some experts caution that MSTY's premium to NAV could fluctuate significantly during market turbulence.