REX and Tuttle Capital launched the ASSX ETF on Cboe, offering 2x daily exposure to Strive’s share price.
REX Shares and Tuttle Capital Management introduced the T‑REX 2X Long ASST Daily Target ETF, trading under the ticker ASSX on Cboe. The fund aims to deliver 200% of Strive’s daily share‑price performance before fees and expenses.
The ETF resets its leverage each day, so performance over periods longer than one trading day may diverge significantly from twice Strive’s price movement. Unlike spot Bitcoin ETFs, ASSX does not hold Bitcoin and is not designed to track Bitcoin’s price; it provides leveraged exposure solely to Strive shares. REX and Tuttle also announced 2x ETFs linked to Strategy, BitMine, Cipher Mining, Circle and SharpLink.
Strive, a publicly traded Bitcoin treasury company, holds about 25,000 Bitcoin, ranking it as the fifth‑largest corporate Bitcoin holder per BitcoinTreasuries.NET. The company financed a recent 469‑BTC purchase through sales of its perpetual preferred stock, SATA. Strive’s shares closed at $30.09 on Friday, up 6.4% and slightly above the $29.40 12‑month analyst price target tracked by S&P Global.
Because the fund’s leverage is reset daily, the exact returns for investors holding the ETF beyond a single day remain uncertain and may differ from the simple double‑multiple of Strive’s price performance.