MSTU Down 95% in a Year, How a 2x Daily Fund Lost Nearly Everything While Its Underlying Fell 67%

A $10,000 position in the T-REX 2X Long MSTR Daily Target ETF (MSTU) fell to about $8,633 by Friday’s open, implying a roughly 14% single-session drop from $3.95 to $3.41. The move highlights the amplified downside risk in leveraged products tied to MicroStrategy and broader crypto sentiment. The article is primarily a price-action update rather than a fundamental catalyst.

Analysis

A $10,000 position in the T-REX 2X Long MSTR Daily Target ETF (MSTU) fell to about $8,633 by Friday’s open, implying a roughly 14% single-session drop from $3.95 to $3.41. The move highlights the amplified downside risk in leveraged products tied to MicroStrategy and broader crypto sentiment. The article is primarily a price-action update rather than a fundamental catalyst.