Cboe Lists T-REX ASSX ETF With 2X Daily Exposure to Strive
The fund targets twice Strive’s daily stock performance and resets its exposure every trading day. It does not hold Bitcoin or track BTC’s price.
Cboe has listed the T-REX 2X Long ASST Daily Target ETF under the ticker ASSX, giving U.S. market participants access to a fund targeting twice Strive’s daily stock performance.
The fund resets its leverage every trading day. Its objective is tied to Strive’s daily percentage move, not Bitcoin’s price, and the ETF does not hold Bitcoin.
Strive holds 25,000 Bitcoin (BTC), making it the fifth-largest Bitcoin holder among publicly listed companies. Its most recent purchase added 469 BTC and was funded through SATA preferred stock.
REX Shares and Tuttle Capital, the fund’s issuers, have also launched 2x leveraged products linked to Strategy, BitMine, Cipher Mining, Circle and SharpLink.
