200% Leveraged MicroStrategy ETF Attracts $72 Million in First Week of Trading

Quick Summary:

200% Leveraged MicroStrategy ETF Attracts $72 Million in First Week of Trading The T-REX 2X Long MSTR Daily Target ETF (MSTU), a leveraged ETF issued by REX Shares and Tuttle Capital Management, has made an impressive debut, attracting over $72 million in its first week of trading, according to CoinDesk.

Short-Term Trading Opportunities: Leveraged ETFs like MSTU are typically used for short-term trading, providing opportunities for active traders to take advantage of intraday price movements in MSTR.

Nonetheless, for traders who are bullish on MicroStrategy and its Bitcoin strategy, the MSTU ETF offers a compelling option to capitalize on short-term price movements.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News 200% Leveraged MicroStrategy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-28 @ 07:19:11 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 947 words

Reading Time: 6 minutes read

Sentences: 41 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22758121

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 14 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

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