đ„ T-Rex Group is spicing things up with a 2x leveraged MicroStrategy ETF, aptly nicknamed the "ghost pepper of ETFs". đ¶ïž
âą The aim? To magnify the daily performance of MicroStrategy's publicly traded stock by 200%.
âą If approved, it could be the most volatile ETF in the US, with fluctuations up to 20x greater than the S&P 500.
Compare that to the QQQ index, which looks as stable as a money market fund!
And let's not forget, MicroStrategy is the largest publicly traded holder of Bitcoin, with a cool 214,400 BTC on its books. đ°
T-Rex isn't stopping there, though. They've also filed for six leveraged inverse Bitcoin ETFs with 1.5x-2x leverage.
Thoughts on this "ghost pepper" ETF? Let's chat in the comments! đ #ETF #MicroStrategy #Bitcoin