T-Rex Group Files for Highly Volatile Leveraged MicroStrategy ETFs
New ETFs aim for 2x long and inverse positions on Bitcoin-heavy MicroStrategy, promising unprecedented market volatility.
- T-Rex Group's filings include ETFs designed to achieve 200% of MicroStrategy's daily performance.
- These ETFs are expected to exhibit extreme volatility, potentially 20 times that of the S&P 500.
- MicroStrategy is known for its significant Bitcoin holdings, contributing to its stock's volatility.
- Analysts describe these ETFs as the 'ghost pepper' of financial products due to their potential risk.
- MicroStrategy's stock has surged 109% this year, driven by Bitcoin price movements and strategic investments.