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T-REX Group, in collaboration with REX Shares and Tuttle Capital Management, has launched two new leveraged and inverse MicroStrategy Daily Target ETFs. The 2x long MicroStrategy ETF, trading under the ticker $MSTU, and the 2x short MicroStrategy ETF, trading under the ticker $MSTZ, started trading today. These ETFs are designed to offer investors double the daily performance of MicroStrategy shares, with the 2x long ETF providing 200% leverage. This launch follows Defiance ETFs' introduction of a 1.75x leveraged MicroStrategy ETF last month, which has already accumulated $200 million in assets. The new products are expected to be among the most volatile on the market, with volatility estimated to be about 15 times that of the S&P 500. Despite this, there are still no options trading on spot bitcoin ETFs.
