The ETF Opportunities Trust T-Rex 2X Long MSTR Daily Target ETF (MSTU) closed down 2.35% on January 23rd, ending the day at $11.66 as MicroStrategy Incorporated (MSTR) faced headwinds amid broader market volatility. The decline in MSTR's stock, which MSTU tracks, was influenced by ongoing debates around Bitcoin's potential mainstream adoption and the implications of a proposed U.S. "Strategic Bitcoin Reserve." This proposal, which aims to purchase one million Bitcoins over five years, has sparked controversy as it appears to be a strategy to inflate Bitcoin prices, benefiting current holders. Additionally, the market is grappling with uncertainty following Donald Trump's recent inauguration, with potential policy shifts causing investor unease. The volatility in cryptocurrencies, highlighted by the emergence of new memecoins like "Fartcoin" and "Trump memecoin," further adds to the speculative environment impacting MSTR's performance.