According to The Kobeissi Letter, the 2x Leveraged Long MicroStrategy ETF ($MSTU) has experienced a 41% drop over the last three trading sessions, resulting in an 81% decline since its peak on November 20th. Concurrently, the 2x Leveraged Long Palantir ETF ($PTIR) has decreased by 52% over the past five days, highlighting the risks associated with leveraged ETFs.

According to The Kobeissi Letter, the 2x Leveraged Long MicroStrategy ETF ($MSTU) experienced a 41% decline over the last three trading sessions and is now down 81% from its peak on November 20th. Additionally, the 2x Leveraged Long Palantir ETF ($PTIR) decreased by 52% over the past five days, highlighting the risks associated with leveraged investments.

According to Flood (@ThinkingUSD), Bitcoin (BTC) is likened to a 3x leveraged version of the Nasdaq-100 ETF (QQQ). This implies that BTC's price movements might exhibit amplified volatility similar to leveraged equity ETFs, impacting trading strategies and risk management approaches for traders in the cryptocurrency market.