According to Foresight News, Cointelegraph reported that financial services company T-Rex submitted an application for a 2x leveraged MicroStrategy ETF. If the fund is approved, investors will face about 20 times the typical volatility of the S&P 500 index. Bloomberg ETF analyst Eric Balchunas tweeted on June 27, "These ETFs will almost become the most volatile ETFs in the history of the United States."
