Degens Flock to 2x Microstrategy ETF, Driving 225% Gains in

T-Rex’s 2x Microstrategy ETF (MSTU) has seen remarkable success since its launch just six weeks ago, with a 225% increase in value, equivalent to an annualized return of 57,000%. The ETF has also experienced significant trading volume, reaching half a billion and ranking in the top 1% among all ETFs, according to Eric Blachunas, a senior Bloomberg ETF analyst.

Blachunas noted the contrast between the U.S. and European markets, stating that despite the availability of 3x MSTR ETFs in Europe, they have not garnered much interest or assets. He attributed this to the difference in market preferences, suggesting that the U.S. market is more receptive to high-volatility investments, with the mentality of “make it volatile and they will come.”

The success of T-Rex’s 2x Microstrategy ETF highlights the growing demand among investors, particularly in the U.S., for high-leverage investment products that offer the potential for significant returns, despite the associated risks.

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