[One Chart to Understand] Understanding the Performance of Popular Stocks Related to Bitcoin This Year
Bitcoin breaks through the $100,000 mark, becoming the market focus. According to media reports, U.S. President-elect Donald Trump has appointed cryptocurrency supporter Paul Atkins as the next chairman of the U.S. Securities and Exchange Commission, a move that has sparked strong reactions in the financial markets, particularly in the Bitcoin sector, where the price once surged to a record $100,000. Additionally, the continued strong inflow of funds into Bitcoin spot ETFs, attracting billions of dollars in institutional investment just in early December, has further boosted Bitcoin's market performance.
A visual overview of the performance of popular Bitcoin-related Hong Kong and U.S. stocks this year:
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$Strategy(MSTR.US) is the most actively participated asset in this round of Bitcoin market, with various issuers providing long and short ETFs for MSTR that have also attracted investor interest. Let's take a closer look:
Long Direction
$T-REX 2X Long MSTR Daily Target ETF(MSTU.US): A double long MSTR product launched by T-REX Shares, designed for bullish investors, aiming to provide 200% returns on MSTR's daily performance.
$Daily Target 2X Long MSTR ETF(MSTX.US) : Another double long ETF launched by Defiance, similar to MSTU, focusing on amplifying daily returns.
$YieldMax MSTR Option Income Strategy ETF(MSTY.US) : An actively managed ETF with an options income strategy, The covered call options provide investors with regular dividend returns, but also due to the potential exercise of sold call options, the ETF's increase may not match the rise of MSTR's underlying stock when MSTR's stock price rises.
Short Position
$T-REX 2X Inverse MSTR Daily Target ETF(MSTZ.US) : A double short MSTR ETF from REX Shares, designed for bearish investors, offering -200% returns on MSTR's daily performance.
$Defiance Daily Target 2X Short MSTR ETF(SMST.US) : An ETF providing similar inverse short functionality as MSTZ, helping investors capture opportunities from MicroStrategy's stock price decline.
Risk Warning
Blockchain concept stocks fluctuate significantly with BTC trends, please be aware of volatility risks; options are high-risk investment products, and investment should be approached with caution; leveraged and inverse ETFs are complex investment products, and it is crucial to fully understand the operation of these products and the associated risks before making investment decisions.
$Coinbase(COIN.US)$GraniteShares 2x Long COIN Daily ETF(CONL.US)$Mara(MARA.US)$CleanSpark(CLSK.US)$BOYAA(00434.HK)
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