Microstrategy's double leveraged ETF MSTU has risen 225% in six weeks since its launch

Eric Balchunas, ETF analyst at Bloomberg, wrote in an article on X that T-Rex's Microstrategy two-times leveraged ETF MSTU has risen 225% in just six weeks since its launch, with a trading volume of $500 million (ranking in the top 1% of ETFs) and an asset management scale of $1 billion, surpassing the 1.75x leveraged MSTR ETF that was listed for the first time.