TheCryptoNews.eu
Featured

REX launches 2x leveraged ETF tied to Bitcoin treasury agency Strive

REX launches 2x leveraged ETF tied to Bitcoin treasury agency Strive

Latest FactsPrintedSep 19, 2026

The serene ASSX fund offers 2x every day exposure to Strive shares, giving merchants a leveraged system to bet on the Bitcoin treasury company.

REX Shares and Tuttle Capital Administration launched a leveraged change-traded fund that seeks to raise twice the every day efficiency of Strive, a publicly traded Bitcoin treasury company and asset manager.

The T-REX 2X Long ASST Day-to-day Intention ETF started shopping and selling Friday beneath the ticker ASSX on Cboe and seeks to raise 200% of Strive’s every day portion-rate efficiency sooner than costs and costs.

The fund resets its leverage every day, which procedure returns over sessions longer than one shopping and selling day can differ vastly from twice the efficiency of Strive shares. Unlike space Bitcoin ETFs, ASSX doesn’t withhold Bitcoin or seek to tune its rate, as a change providing leveraged exposure to Strive shares.

In accordance with REX and Tuttle, the corporations additionally provide 2x ETFs linked to Blueprint, BitMine, Cipher Mining, Circle and SharpLink.

Strive currently holds 25,000 Bitcoin, making it the fifth-largest publicly traded corporate Bitcoin holder, based totally on BitcoinTreasuries.NET details. The company financed its most celebrated 469-BTC aquire by sales of SATA, its perpetual most celebrated stock.

Strive shares rose 6.4% on Friday to shut at $30.09, a diminutive bit above the $29.40 life like 12-month rate target amongst analysts tracked by S&P Global.

Offer: Yahoo Finance

Subscribe to every day byte-sized crypto details from Cointelegraph

Subscribe

Cointelegraph is committed to fair, clear journalism. This details article is produced based totally on Cointelegraph’s Editorial Policy and objectives to make honest correct-making an strive and well timed details. Readers are encouraged to ascertain details independently.

More on the subject

Read More

Related posts

Crypto reps hover to US Capitol this week to address market structure invoice

The Crypto News

Considerable: A huge education project to fight hacks and scams

The Crypto News

Rattled retail retreats to Bitcoin, Ether after October break

The Crypto News

Leave a Comment

Or Login with

[woo_social_login]

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More