MSTW: Roundhill Gears Up to Launch New Income ETF
- The Roundhill MSTR WeeklyPay ETF (MSTW) is set to hit the market this week.
- The fund’s design follows in the footsteps of Roundhill’s 10 other WeeklyPay ETFs.
Investors will soon have a new way to get both weekly income and leveraged exposure to Strategy Inc. (MSTR), the Bitcoin treasury company that rebranded earlier this year from enterprise software firm MicroStrategy.
The Roundhill MSTR WeeklyPay ETF (MSTW) is hitting the market this week, Roundhill Investments announced via an X post on Friday. The fund’s prospectus had not yet been posted on the firm’s website as of Monday noontime.
MSTW will join Roundhill’s suite of WeeklyPay exchange-traded funds, which offer investors weekly income plus exposure to amplified returns of single stocks, such as Apple Inc. (AAPL), Amazon.com Inc. (AMZN), Berkshire Hathaway Inc. (BRK.B) and Coinbase Global Inc. (COIN).
"Since launching in February 2025, the Roundhill WeeklyPay ETFs have surpassed $250 million in assets under management as investors have embraced the powerful combination of single-stock leverage and weekly income. We're excited to continue expanding the suite with five additional launches this week, including the Roundhill MSTR WeeklyPay ETF," Roundhill Investments CEO Dave Mazza told etf.com.
MSTW: Weekly Income and Leveraged Exposure
MSTW’s primary objective is to pay weekly distributions, and its secondary objective is to use leverage to provide a weekly return of roughly 120% of the calendar week total return of Strategy’s common shares, according to the fund’s summary prospectus. The management fee is 0.99%.
The fund’s design follows in the footsteps of Roundhill’s 10 other WeeklyPay ETFs, which target—in addition to the aforementioned stocks—Robinhood Markets Inc. (HOOD), Meta Platforms Inc. (META), Netflix Inc. (NFLX), NVIDIA Corp. (NVDA), Palantir Technologies Inc. (PLTR) and Tesla Inc. (TSLA).
The firm introduced WeeklyPay ETFs as an alternative to single-stock covered call ETFs, which have recently surged in popularity, according to a press release from June that announced five of Roundhill’s ETFs. Covered call ETFs cap upside potential and rely on options premiums that fluctuate, while WeeklyPay ETFs don’t cap upside potential and also pay weekly income, the company said.
From Business Intelligence to Bitcoin
The Strategy-focused fund comes at a time when the company that once provided business intelligence software now owns 3% of all the Bitcoin in circulation, according to Bloomberg Law.
On Monday, Strategy reported to the Securities and Exchange Commission that it had acquired 6,220 Bitcoin for $739.8 million over the last week. That brings Strategy’s total Bitcoin acquisitions to 607,770, purchased for roughly $43.6 billion.
Editor's note: This story was updated midday Monday with a quote from Dave Mazza, CEO of Roundhill Investments.
