Movement Alert｜T-Rex 2X Long MSTR Daily Target ETF falls 8.09% Overnight, volatility amplifies after Strategy expanded repurchase authorization

Market Focus10-22 13:47

On October 22, T-Rex 2X Long MSTR Daily Target ETF falls 8.09% Overnight, trading at $35.0 with turnover of $2.3138 million.

The clearest recent catalyst tied to its underlying exposure is Strategy's expansion of its digital credit securities repurchase authorization to $3 billion from $2 billion, while the company also disclosed holdings of 848,517 bitcoin and purchases of 267 BTC during October 12 to 18.

As of October 18, about $1.16 billion remained available under the repurchase program. Recent market moves showed the ETF had surged in prior sessions alongside optimism around Strategy's capital management and bitcoin treasury strategy, but as a 2x leveraged product linked to MSTR, its price is more sensitive to swings in both the underlying stock and bitcoin, which helps explain the sharper Overnight pullback.

(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.)

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