T-Rex 2x Long MSTR ETF crashes 97% in a year due to volatility decay and Bitcoin-linked swings.

The T-Rex 2x Long MSTR Daily Target ETF (MSTU) plummeted from $74.90 to $1.91 over a year, wiping out about 97% of a $10,000 investment. This leveraged ETF aims to deliver twice the daily moves of MicroStrategy (MSTR), a Bitcoin-heavy company, but daily resets and high volatility caused severe value decay. While MSTR stock fell 75%, MSTU's losses were even steeper due to volatility decay inherent in leveraged ETFs. MSTU is intended for short-term trading, not long-term holding, and its future depends heavily on Bitcoin price movements and market volatility.