Invest in 2X Leveraged and Inverse MSTR ETFs
REX Shares and Tuttle Capital have collaborated to introduce two new exchange-traded funds that provide the first 2X leveraged and inverse exposure to MicroStrategy’s shares. The T-REX 2X Long MSTR Daily Target ETF and T-REX 2X Inverse MSTR Daily Target ETF were launched on September 18, tracking the daily price of MicroStrategy’s stock and its Bitcoin bet. These ETFs will trade under the ticker symbols MSTU and MSTZ on the CBOE.
Introduction of Long and Short MicroStrategy ETFs
Following the release of Defiance ETF’s 1.75x leveraged ETF based on MicroStrategy in August, REX and Tuttle Capital have entered the market with their own long and short MicroStrategy ETFs. While Defiance’s ETF garnered decent volume upon its launch, the MSTU and MSTZ ETFs may attract more attention as they offer 200% leveraged and -200% inverse exposure to MSTR stock.
Expert Insight on REX/Tuttle MSTR ETF Products
Bloomberg’s senior ETF analyst, Eric Balchunas, predicts that the REX/Tuttle MSTR ETF products will outperform Defiance ETF’s 1.75X MicroStrategy ETF. Balchunas anticipates that the new ETFs will deliver volatility levels estimated to be 15 times that of the SPX index, offering traders a unique opportunity to engage with MicroStrategy’s Bitcoin strategy.
