Woofun AI data shows that leveraged ETFs linked to MicroStrategy have suffered historic declines, with MSTX and MSTU falling 82% year-to-date and MSTP dropping 81%. These funds reached their lowest levels since launching in 2024, coinciding with a 46% drop in MicroStrategy’s underlying stock, including a 27% weekly plunge. Despite attracting billions in inflows, all MSTR-linked leveraged ETFs have lost more than 90% since inception. The severe drawdowns illustrate how daily rebalancing and leverage magnify losses relative to the underlying asset during market downturns.