South Korean Funeral Firm Bets on Leveraged Ether ETF — and Books $33M Loss!

Seoul-based funeral services company Bumo Sarang has disclosed an unrealized loss of roughly 45 billion won ($33 million) tied to its position in the T-REX 2X Long BMNR Daily Target ETF (BMNU), a leveraged product managed by Tuttle Capital Management that seeks to deliver 200% of the daily…