T-Rex 2X Long MSTR Daily Target ETF is trading at $3.25 (+5.54%) as crypto assets rebound and risk sentiment firms across global markets.
- The upward move follows overnight gains in Bitcoin and Ethereum, paired with higher U.S. equity futures.
- As a 2x leveraged MSTR-linked ETF, the fund remains highly sensitive to volatility in MicroStrategy and the broader cryptocurrency market.
- Market participants note that a short-covering bounce is likely following the prior sessionβs weakness in crypto-linked equities.