REX launches 2x leveraged ETF tied to Bitcoin treasury firm Strive
60-second summary
REX launches the ASSX fund, a 2x leveraged ETF that provides daily exposure to Strive’s shares, the Bitcoin‑treasury firm, allowing traders to amplify bets on its performance. The product doubles potential gains and losses each day, attracting speculative investors seeking higher returns, while raising concerns that heightened volatility could intensify price swings across the crypto‑related equity market.
The new ASSX fund offers 2x daily exposure to Strive shares, giving traders a leveraged way to bet on the Bitcoin treasury company.