🔴 T-Rex 2X Long MSTR Daily Target ETF is trading 12.32% down today as Bitcoin falls below $73,000 amid heavy spot ETF outflows

T-Rex 2X Long MSTR Daily Target ETF is trading at $5.38 (-12.32%) as Bitcoin's retreat below $73,000 and significant spot ETF outflows weigh on crypto-linked assets.

• Bitcoin fell below the $73,000 threshold on May 28, pressured by $733 million in spot ETF outflows that have dampened sentiment across the digital asset space.
• As a 2x leveraged ETF tied to MicroStrategy (MSTR), the fund's performance is designed to amplify Bitcoin's price movements, leading to accelerated losses during periods of crypto market volatility.
• The broader crypto complex remains weak despite firmer traditional equity indices, keeping MSTR-related exposure under significant pressure.