REX Launches 2x Leveraged ETF for Bitcoin Treasury Firm Strive

leveraged ETF — REX Shares and Tuttle Capital Management have launched a leveraged exchange-traded fund offering double the daily exposure to shares of Strive, a publicly traded Bitcoin treasury company.

The T-REX 2X Long ASST Daily Target ETF, trading under the ticker ASSX on Cboe, began trading on Friday, September 18, 2026. It seeks to deliver 200% of the daily share-price performance of Strive before fees and expenses.

Unlike a spot Bitcoin ETF, the ASSX fund does not hold Bitcoin directly. Instead, it provides leveraged exposure to Strive’s stock, allowing traders to amplify bets on the company’s performance. The fund resets its leverage daily, meaning returns over longer periods can deviate significantly from twice Strive’s performance.

Strive is a significant corporate holder of Bitcoin, with its treasury containing 25,000 BTC, ranking it as the fifth-largest public company holder according to BitcoinTreasuries.NET. The firms behind the ETF also offer similar 2x leveraged products linked to other crypto-related companies like Circle and Cipher Mining.