🌟 New Bitcoin ETF Launches With 200% Daily Returns 🚀
A new competitor has emerged in the US market as T-Rex, founded by Benjamin Cohen in 2012, introduces a new Bitcoin ETF (exchange-traded fund). The move puts T-Rex in direct competition with the ProShares Bitcoin Strategy ETF (BITO) and VolShares BITX ETF.
🟢 2x Leverage: T-Rex Bitcoin ETF offers leverage of 2x BTC’s daily performance, targeting 200% returns.
📈 Two new products:
BTCL: T-REX 2X Long Bitcoin Daily Target ETF.
BTCZ: T-REX 2X Inverse Bitcoin Daily Target ETF.
🔍 Scott Acheychek and Matt Tuttle highlight innovation and the importance of offering cutting-edge ETFs to meet investor needs.
💹 Price Movement: Bitcoin has seen significant volatility, but new ETF inflows have helped BTC hold key support. 💰 Flows: About $654 million has been invested in Bitcoin ETFs over the past three days, boosting investor optimism.
Source: Bitcoinist. (https://bitcoinist.com/new-bitcoin-etf-colossal-200-daily-profit-targets/)
