The exchange-traded fund (ETF) provides 2x daily exposure to Strive, a bitcoin treasury company holding 24,531 Bitcoin, and is intended for short-term trading rather than long-term investment.

Rex Shares and Tuttle Capital Management (TCM) have launched the T-Rex 2X Long ASST Daily Target ETF (ASSX), which is trading on the Cboe exchange. The launch increases the T-Rex range of leveraged and inverse single-stock ETFs to more than 40 products The ETF seeks to deliver 200% of the daily performance of Strive, Inc. (Nasdaq: ASST), before fees and expenses, and resets its leverage each trading day. Strive is a bitcoin treasury company that holds bitcoin as a core corporate asset.