T-Rex Group has filed with the SEC to launch two new exchange-traded funds (ETFs) focused on Microstrategy, renowned for its substantial Bitcoin holdings.
The proposed ETFs include the T-Rex 2X Long MSTR Daily Target ETF, aiming to amplify Microstrategy's daily performance by 200%, and the T-Rex 2X Inverse MSTR Daily Target ETF, which will seek to achieve double the inverse performance of MSTR.
Led by CEO Michael Saylor, Microstrategy's stock volatility, heavily influenced by Bitcoin's (CRYPTO:BTC) price movements, presents both high-risk and high-reward opportunities, as noted in the filing.
Analysts anticipate these ETFs to be among the most volatile in the U.S. market, offering significant potential returns but requiring sophisticated understanding and active management due to their leveraged nature and daily rebalancing requirements.