A leveraged ETF tracking MicroStrategy (MSTR) stock, MSTU, is experiencing a dramatic decline following its peak on November 20th. Since then, the ETF has plummeted approximately 81%, dropping around 40% in just three trading days. Notably, MSTR’s own stock price has also fallen by about 20%. Leveraged ETFs often struggle during periods of heightened market volatility. This ETF was launched last September by REX Shares and Tuttle Capital to provide investors with the opportunity to gain exposure to double the movement of MSTR. However, Bitcoin price fluctuations have contributed to a 15% decline in MSTR’s value since the start of this year.