MicroStrategy's 2X Leveraged ETF Rakes In $72 Million In First Week As Stock Outshines Bitcoin

Reported 10 days ago

The recently launched T-REX 2X Long MSTR Daily Target ETF (MSTU) has achieved significant success in its first week, attracting over $72 million, reflecting a growing interest in MicroStrategy's stock due to its strong correlation with Bitcoin. This fund promises double the daily performance of MicroStrategy shares, while the already established MSTX fund has garnered about $857 million. As MicroStrategy's stock price rises alongside Bitcoin's flat performance, it is becoming an appealing investment option for traders looking to capitalize on the crypto market.

Source: YAHOO

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