The launch extends TRex suite as managers cite rising trading interest in space and defence themes.

R ex  Shares  and  Tuttle Capital Management (TCM)  have launched  the  T R ex  2X Long RDW Daily Target ETF, listed on Cboe under the ticker RDWU. According to the announcement, the ETF provides 2x daily  long exposure  to  Redwire  Corporation, the  US- listed  company involved in space,  aerospace  and defence infrastructure technologies.    Investing in RDWU is not equivalent to holding  Redwire