The T-Rex 2X Long MSTR Daily Target ETF (MSTU), a leveraged exchange-traded fund designed to double the daily returns of MicroStrategy (MSTR), witnessed a remarkable pre-market surge of 9.59% on October 29th, 2024. This impressive gain can be attributed to the exceptional performance of the underlying MicroStrategy stock, which has been driven by the company's significant Bitcoin holdings and the cryptocurrency's recent price appreciation.
MSTU, which was launched just six weeks ago, has already delivered an astounding 225% return and accumulated over $1 billion in assets under management. The fund's popularity among investors seeking leveraged exposure to MicroStrategy's Bitcoin-fueled gains has been evident.
MicroStrategy's stock (MSTR) has been on a tear, surging more than 10% during the Monday trading session and up a whopping 53% over the past month alone. This impressive rally has propelled MicroStrategy's market capitalization to over $52 billion, far outpacing the recent modest gains in Bitcoin's price.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。