Crypto
GRNY Fundstrat ETF Bets Big on MicroStrategy Amid Bitcoin Rally
Fundstrat's $4.5B GRNY ETF has significantly increased its allocation to Strategy (MSTR), making it the fund's top holding in August 2026.
According to Bloomberg ETF analyst Eric Balchunas, MSTR moved from being GRNY's smallest holding to its largest between mid-August and September 3, with a reported weight rising from 1.22% to 2.52%, then 2.69%, before settling at 2.98% on the official fund page.
GRNY's allocation to MSTR remains near three percent, providing indirect exposure to Bitcoin (BTC) through Strategy's large BTC reserve. However, GRNY investors do not own Bitcoin directly, as they hold shares in a diversified equity ETF that allocates a small portion of its portfolio to MSTR.