Crypto
REX Shares and Tuttle launch ASSX, a 2x leveraged ETF tied to Strive shares
ETF manager REX Shares and asset manager Tuttle Capital Management have launched a leveraged ETF designed to track twice the daily performance of bitcoin treasury company Strive’s stock. The product, called the T-REX 2X Long ASST Daily Target ETF, trades under the ticker ASSX and began trading on Cboe on Sept. 18. It does not hold bitcoin and is not a bitcoin price-tracking product. Leverage is reset daily, so returns can diverge over holding periods longer than a day.
