MicroStrategy Mania: Prime Brokers Struggle to Handle Explosive ETF Demand

TL;DR The strong performance of MicroStrategy’s stock has increased the demand for leveraged ETFs, causing prime brokers to reach their limits in swap exposure. The T-Rex 2X Long MSTR Daily Target ETF (MSTU) has faced high volatility, which forced its creator, Matt Tuttle, to resort to options due to a lack of coverage from brokers. ... source: https://crypto-economy.com/microstrategy-mania-prime-brokers-struggle-to-handle-explosive-etf-demand/