REX launches 2x leveraged ETF tied to Bitcoin treasury firm Strive
REX Shares and Tuttle Capital launched the T-REX 2X Long ASST Daily Target ETF, ticker ASSX, a leveraged ETF designed to deliver 200% of Strive’s daily share-price performance before fees and expenses. It began trading on Cboe and resets daily, so returns over longer periods may diverge sharply from twice Strive’s move. The fund does not hold Bitcoin or track Bitcoin’s spot price; it provides leveraged exposure to Strive shares instead. REX and Tuttle already offer similar 2x ETFs tied to companies including Strategy, BitMine, Cipher Mining, Circle, and SharpLink. Strive holds 25,000 Bitcoin, ranking as the fifth-largest publicly traded corporate Bitcoin holder, and recently funded a 469-BTC purchase through sales of its perpetual preferred stock SATA. Strive shares rose 6.4% Friday to $30.09.
