๐Ÿ”ฅHot off the press! T-Rex Group, a financial services company, has filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This could potentially be the most volatile ETF in the country! ๐ŸŽข

The main objective of this fund, named 'T-Rex 2X Long MSTR Daily Target ETF,' is to magnify the daily performance of MicroStrategy's publicly traded common stock by a whopping 200%. ๐Ÿš€

Bloombergโ€™s Senior ETF analyst, Eric Balchunas, suggests that if approved, this fund could demonstrate fluctuating levels up to 20 times greater than the S&P 500. This has earned it the spicy nickname of the โ€œghost pepper of ETFs.โ€ ๐ŸŒถ๏ธ

In comparison, the QQQ, an index tracking the top publicly traded companies in the US, appears as stable as a money market fund. ๐Ÿ˜ฎ

MicroStrategy, founded by Michael Saylor in 1989, is the largest publicly traded holder of Bitcoin, with a staggering 214,400 BTC โ€“ valued at $13.2 billion โ€“ on its books. ๐Ÿ“š

In addition, T-Rex has also filed for six leveraged inverse Bitcoin ETFs with 1.5x-2x leverage. Stay tuned for more updates on this exciting development! ๐Ÿ“ˆ