{"id":99554,"date":"2026-06-08T19:18:04","date_gmt":"2026-06-08T19:18:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=99554"},"modified":"2026-06-08T19:18:04","modified_gmt":"2026-06-08T19:18:04","slug":"bitcoins-slide-below-60000-delivers-80-windfall-for-this-etf","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=99554","title":{"rendered":"Bitcoin’s Slide Below $60,000 Delivers 80% Windfall For This ETF"},"content":{"rendered":"
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Bitcoin\u2019s plunge below the key $60,000 level last week created winners in leveraged inverse ETFs<\/a> betting against some of the crypto market\u2019s most closely watched stocks.<\/p>\n

The T-Rex 2X Inverse CRCL Daily Target ETF<\/strong> (BATS:<\/a>CRCD<\/a>) surged roughly 82% last week, while the T-Rex 2X Inverse MSTR Daily Target ETF<\/strong> (BATS:<\/a>MSTZ<\/a>) gained more than 63%, as investors rushed to hedge against mounting pressure on crypto-related equities.<\/p>\n

The rally in bearish ETFs coincided with one of Bitcoin\u2019s sharpest declines this year. The world\u2019s largest cryptocurrency<\/a> fell about 18% last week and briefly dropped to $59,101 on Friday, marking its first move below $60,000 since late 2024.<\/p>\n

Strategy\u2019s Weakness Boosts MSTZ<\/h2>\n

The selloff reverberated across crypto-linked stocks, particularly Strategy Inc<\/strong> (NASDAQ:<\/a>MSTR<\/a>), the company widely viewed as a leveraged Bitcoin proxy.<\/p>\n

Strategy came under pressure after disclosing a small Bitcoin sale<\/a>, its first since 2022. The announcement raised concerns about the durability of the company\u2019s long-standing buy-and-hold strategy and added to fears surrounding corporate Bitcoin treasury models.<\/p>\n

Those concerns …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s plunge below the key $60,000 level last week created winners in leveraged inverse ETFs betting against some of the crypto market\u2019s most closely watched stocks. The T-Rex 2X Inverse CRCL Daily Target ETF (BATS:CRCD) surged roughly 82% last week, while the T-Rex 2X Inverse MSTR Daily Target ETF (BATS:MSTZ) gained more than 63%, as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-99554","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/99554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=99554"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/99554\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=99554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=99554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=99554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}