[Exclusive] Michael Saylor's MSTR-Linked ETFs Are 'Not For Long-Term Investors' Say Crypto Experts: '...They Also Double The Potential Loss'

Benzinga · Feb 13 12:00

Cryptocurrency experts have warned against the use of double-leveragedBitcoin(CRYPTO: BTC) exchange-traded funds, emphasizing that these are designed for short-term trading strategies due to their daily rebalancing and inherent volatility. While the long-term investors risk significant losses.

What Happened:The double-leveraged ETFs trackingStrategy Inc.(NASDAQ:MSTR), formerly MicroStrategy, have raised concerns among cryptocurrency experts. The firm now known as just 'Strategy' is aMichael Saylor-led company heavily invested in Bitcoin.

While these ETFs, likeT-Rex 2X Long MSTR Daily Target ETF(BATS:MSTU) launched in September, andDefiance Daily Target 2x Long MSTR...

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[Exclusive] Michael Saylor's MSTR-Linked ETFs Are 'Not For Long-Term Investors' Say Crypto Experts: '...They Also Double The Potential Loss'

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