T-Rex Group 申请 2 倍多头、反向微观策略 ETF

彭博 ETF 分析师 Eric Balchunas 表示，这将是 ETF 辣酱中的“幽灵辣椒”。

Exchange-traded funds (ETFs) issuer T-Rex Group has filed for an ETF that will take a 2x long position in bitcoin (BTC)-heavy Microstrategy (MSTR).

交易所交易基金 (ETF) 发行人 T-Rex Group 已申请一只 ETF，该 ETF 将在以比特币 (BTC) 为主的 Microstrategy (MSTR) 中持有两倍的多头头寸。

According to a filing published on the Securities and Exchange Commission's EDGAR platform, the T-Rex 2X Long MSTR Daily Target ETF aims to achieve 200% of MicroStrategy's daily performance.

根据美国证券交易委员会 EDGAR 平台上发布的一份文件，T-Rex 2X Long MSTR Daily Target ETF 的目标是实现 MicroStrategy 每日业绩的 200%。

T-Rex also filed for an ETF that would take a 2x inverted position in MSTR. Effectively, both of these listed products would be a leveraged long or short on bitcoin.

T-Rex 还申请了一只 ETF，该 ETF 将在 MSTR 中持有 2 倍的反向头寸。实际上，这两种上市产品都将是比特币的杠杆多头或空头产品。

MSTR, with its heavy exposure to bitcoin, is known for its volatility as it tracks the world's largest digital asset. The stock's current implied volatility is high at 85.6, but trending lower than its recent average, as bitcoin's price remains stable.

MSTR 大量接触比特币，因其追踪全球最大数字资产的波动性而闻名。该股目前的隐含波动率高达 85.6，但由于比特币价格保持稳定，其趋势低于近期平均水平。

Recently its CEO, Michael Saylor, announced the firm would offer $500 million in convertible notes to boost its bitcoin holdings.

最近，其首席执行官 Michael Saylor 宣布，该公司将发行 5 亿美元的可转换票据，以增加其比特币持有量。

Bloomberg ETF analyst Eric Balchunas wrote on X that these ETFs would be a "near-lock to be the most volatile ETFs ever seen in the U.S, with 20x the volatility of the SPX."

彭博社 ETF 分析师 Eric Balchunas 在 X 上写道，这些 ETF 将“几乎成为美国有史以来波动性最大的 ETF，其波动性是 SPX 的 20 倍。”

They will be the "ghost pepper of ETF hot sauce", he said.

他说，它们将成为“ETF 辣酱中的幽灵辣椒”。

ETF issuers Defiance and GraniteShares have also listed products that take a short position in MSTR.

ETF 发行商 Defiance 和 GraniteShares 也列出了在 MSTR 中做空的产品。

T-Rex also filed for six leveraged inverse bitcoin ETFs in March, with positions ranging from 1.5x-2x.

T-Rex 还在 3 月份申请了 6 个杠杆反向比特币 ETF，仓位范围为 1.5 倍至 2 倍。