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Greenlight Capital establishes short positions in two leveraged ETFs related to MicroStrategy

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Odaily Planet Daily News: Billionaire founder David Einhorn of Greenlight Capital revealed in his latest letter to investors that Greenlight Capital has established short positions in two leveraged ETFs related to MicroStrategy, the largest enterprise holder of Bitcoin. These funds - T-Rex 2x Long MSTR Daily Target ETF and Defiance Daily Target 2X Long MSTR ETF - have become popular for attempting to double MicroStrategy's returns. David Einhorn explained, "It is more likely that a calm government should no longer borrow trillions of dollars from the bond market to participate in Bitcoin speculation. In fact, doing so has no strategic significance." (CNBC)

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