T-Rex 2X Long MSTR Daily Target ETF is trading 11.7% up today as a tentative U.S.–Iran peace deal and the reopening of the Strait of Hormuz spark a broad risk-on rally across tech and crypto markets.
- The geopolitical breakthrough has driven oil prices lower, boosting S&P 500 and Nasdaq futures while providing significant tailwinds for Bitcoin and Ethereum.
- As a leveraged product tied to MicroStrategy (MSTR), the ETF is benefiting from the amplified move in crypto-sensitive assets and growth stocks.
- The reopening of the Strait of Hormuz has eased global supply chain concerns, further supporting the upward momentum in high-beta instruments.