On August 25, T-Rex 2X Long MSTR Daily Target ETF declined 5.08% in pre-market trading, trading at $27.10/share, with turnover of $6.5552 million. The pullback follows the prior session's 10.18% surge, as Bitcoin retreated below $80,000 after briefly touching $81,000 during the session.
On the news front, Bitcoin had rallied to over $81,000 intraday but subsequently gave back gains to trade below the $80,000 level, dragging crypto-related equities lower. Strategy also turned negative, falling approximately 0.5% as the initial crypto rally faded. The reversal came after a volatile week in which Bitcoin surged over 23% from lows near $63,000, driven by a massive short squeeze, U.S. Treasury bond buyback expansion, and regulatory tailwinds from President Trump's push for the CLARITY Act.
As a 2x leveraged vehicle tied to Strategy shares, T-Rex 2X Long MSTR Daily Target ETF amplifies both gains and losses. Options market data from earlier in the week showed large bearish bets on MSTR, with overall fund flow skewing toward expectations of limited further upside and potential high-level consolidation pressure.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)