T-Rex 2X Long MSTR Daily Target ETF is trading 10.9% up today as MicroStrategy’s latest Bitcoin purchase and a broader recovery in the cryptocurrency market lift sentiment for the leveraged product.
- The ETF, which delivers 2x daily exposure to MSTR, is amplifying upside moves following MicroStrategy's news of further Bitcoin accumulation and a tech-led equity bounce.
- Today's price action marks a significant reversal for the instrument after a steep selloff last week, supported by a firmer crypto tape and increased risk-on appetite.