Cryptocurrencies, Stocks

“Crypto’s Retail Traders Hit Hard as Strategy ETFs Plunge 80%”

“Strategy Inc. — the company once hailed for wrapping crypto exposure into a public stock — is scrambling to calm markets after its shares plunged more than 60% from recent highs…

…The most popular exchange-traded funds tracking Strategy’s volatile stock — MSTX and MSTU, which offer double the daily return — have both dropped more than 80% this year…

…Bitcoin has also dropped about 30% from October highs and now trades near $87,000…”

https://finance.yahoo.com/news/crypto-retail-traders-hit-hard-062429126.html

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