REX Shares launches 2x leveraged ETF tracking Bitcoin treasury company Strive

REX Shares and Tuttle Capital Management have launched the T-REX 2X Long ASST Daily Target ETF (ASSX), which began trading on the Cboe exchange on Friday. The fund provides 200% of the daily performance of Strive, a company that holds 25,000 BTC, making it the fifth-largest public holder of Bitcoin. Unlike spot Bitcoin ETFs, ASSX does not hold Bitcoin but offers leveraged exposure to Strive's stock price. The companies also introduced 2x leveraged ETFs for Strategy, BitMine, Cipher Mining, Circle, and SharpLink.