Despite falling by 7.5% on Monday, MicroStrategy (MSTR) shares are still up by over 480% year-to-date as the software company continues to buy up more bitcoin (BTC-USD).

Defiance ETFs CEO and CIO Sylvia Jablonski joins the Market Domination team to talk about the firm's Daily Target 2X Long MSTR ETF (MSTX), its latest single-stock fund covering MicroStrategy:

"With this renaissance of options-backed ETFs and single-name leverage ETFs and covered call strategies and things like this, ETF providers and issuers and options traders have figured out that... there are more efficient, cost-efficient ways specifically to run ETFs and using options and flex options that allow you to get Delta-1 exposure, are a great way to actually enhance how you run the ETF and manage the strategy... We have a whole toolbox of tools that we can use to get the 2X exposure on a daily basis..."

Catch Yahoo Finance's full interview with MicroStrategy executive chairman Michael Saylor.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Luke Carberry Mogan.