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Benzinga

Business

Murtuza Merchant

UNCOVERED: Leveraged microstrategy etfs are playing with fire experts warn | History Defined

MicroStrategy ETF Bitcoin MicroStrategy Inc MSTR Tuttle

Investors have poured billions into two highly leveraged ETFs linked to MicroStrategy Inc. (NASDAQ:MSTR), a company synonymous with aggressive Bitcoin (CRYPTO: BTC) investments.

What Happened: The T-Rex 2X Long MSTR Daily Target ETF and the Defiance Daily Target 2X Long MSTR ETF collectively now manage around $5 billion in assets, reflecting the fervor surrounding Bitcoin's recent rally, according to a report by The Wall Street Journal.

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