Odaily Planet Daily News According to the news, since reaching its peak on November 20th, MSTU, a double-leveraged ETF product that tracks the stock pump of MicroStrategy (now known as Strategy), has dropped by about 81%. In the past three trading days, the ETF has fallen by about 40%, while MSTR, the stock of Strategy, has also dropped by about 20% during the same period. Leveraged ETFs perform poorly in times of large market Fluctuation. REX Shares and Tuttle Capital launched this ETF in September last year, providing investors with investment vehicles for double fluctuations of MSTR stocks. However, due to the Fluctuation in BTC price, the Strategy stock has dropped by about 15% since the beginning of the year. (Cointelegraph)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
