Financial services firm T-Rex Group has applied for what could be the “most volatile ETF” ever seen in the United States.
Financial services firm T-Rex Group has filed for a leveraged MicroStrategy (MSTR) exchange-traded fund in the United States — with one analyst describing it as a “ghost pepper” of ETFs due to its potential volatility.
Balchunas said if the fund were to be approved, it would expose investors to around 20 times the typical volatility of the S&P 500.
“These are a near-lock to be most volatile ETFs ever seen in the US [...] The ghost pepper of ETF hot sauce,” senior Bloomberg ETF analyst Eric Balchunas wrote in a June 27 post on X.