The T-Rex’s 2x Microstrategy ETF MSTU, which was launched just six weeks ago, has already seen a remarkable growth of 225%. This translates to an annualized equivalent of 57,000%. In addition, the ETF trades half a billion in volume, ranking it in the top 1% among ETFs.
According to Eric Blachunas, a senior Bloomberg ETF analyst, “It’s so funny they’ve long had 3x MSTR ETFs in Europe but no one cares, no assets, volume. It’s the market for that amount of heat, no degens. The U.S. on the other hand, it’s ‘make it volatile and they will come.'”
With its rapid success and significant trading volume, the T-Rex’s 2x Microstrategy ETF MSTU is proving to be a popular choice among investors in the U.S. market.