This post was originally published on Coinspeaker
Key NotesMSTR’s price has dropped more than 65% over the past six months and nearly 76% from its all-time high.Anti-Strategy ETFs tied to MSTR have seen massive gains of around 275% over the past year.MSTR’s stock has fallen to its lowest level since September 2024 as Bitcoin dipped below $75,000.
Anti-Strategy ETFs are seeing a massive rally as MSTR stock has fallen more than 65% over the past six months.
These ETFs usually move in the opposite direction of MSTR and are now reaching record highs.
Meanwhile, MSTR’s share price dropped to $133, falling an additional 5% on Tuesday, February 3.
Anti-Strategy ETF From GraniteShares (MSDD) Hits Record Highs
The largest corporate Bitcoin holder, Strategy (MSTR), is under pressure on Wall Street, with its stock price continuing to slide.
Meanwhile, exchange-traded funds (ETFs) that bet exclusively against MSTR are seeing a significant rally.
The GraniteShares 2x Short MSTR Daily ETF, trading on Nasdaq under the ticker MSDD, is currently in focus.
This actively managed fund is designed to deliver -200% of Strategy’s (MSTR) daily performance.
In other words, a 2% decline in MSTR’s stock price would result in roughly a 4% gain for the ETF in a single session,
— Read the rest of this post, which was originally published on Coinspeaker.
