Net Asset Value of the shares as of June 30th was $5.15.. not worth 6x as much now..
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10baggerbamm
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you cannot evaluate it that way if you do just look at microstrategy it's trading at almost 400% premium to bitcoin that it owns. everything that this ETF has is pre-ipo private they trade in a secondary Market with enormous spreads and very seldomly to stuck come for sale so it's the future valuations it's the anticipation and it's the only way that the average Joe has the ability to buy SpaceX and a few other companies the potentially are going to change the world. last week there was a metal giant that was saying oh I want to short it and I advised against it I said you're going to get your head ripped off hopefully headed my advice and didn't short the stock
10baggerbamm : you cannot evaluate it that way if you do just look at microstrategy it's trading at almost 400% premium to bitcoin that it owns. everything that this ETF has is pre-ipo private they trade in a secondary Market with enormous spreads and very seldomly to stuck come for sale so it's the future valuations it's the anticipation and it's the only way that the average Joe has the ability to buy SpaceX and a few other companies the potentially are going to change the world. last week there was a metal giant that was saying oh I want to short it and I advised against it I said you're going to get your head ripped off hopefully headed my advice and didn't short the stock