🔴 T-Rex 2X Long MSTR Daily Target ETF is trading 6.7% down today as Bitcoin breaks below $73,000

T-Rex 2X Long MSTR Daily Target ETF is trading 6.7% down in pre-market on June 2, 2026, as Bitcoin falls below $73,000 amid heightened geopolitical tensions.

• The fund is extending Monday’s sharp selloff, driven by persistent spot ETF outflows and a broader decline in crypto market sentiment.
• As a 2x leveraged ETF tied to MicroStrategy (MSTR), the instrument remains highly sensitive to Bitcoin's price action and dampened risk appetite following U.S.–Iran tensions.