T-Rex 2X Inverse MSTR Daily Target ETF

Betting against Strategy with leverage is MSTZ's single purpose. The fund aims to deliver negative 200% of MSTR's daily return, so it rises when the stock falls and falls twice as fast when it climbs. It is the mirror image of the T-Rex 2X long fund, built with swaps by REX Shares and Tuttle Capital. Since Strategy trades as a high-octane bitcoin proxy, an inverse-leveraged version of it is among the sharpest short-side instruments available, and it launched in September 2024 as demand for MSTR trades exploded. The daily-reset mechanics cut hard here: over any multi-day stretch, compounding and the constant rebalancing can leave returns far from minus-two-times MSTR's cumulative move, and a sustained rally can wipe out most of the position. Traders use it for brief, tactical bets against the stock, never as a long-term holding.

On MyRWA, MSTZ trades tokenized across 2 on-chain venues - see the listings below.