Strive-Linked ASSX ETF Amplifies Daily Moves in Bitcoin Bet

Rex and Tuttle Capital Management have launched a leveraged exchange-traded fund tied to Strive, one of the largest publicly traded Bitcoin treasury companies. The T-REX 2X Long ASST Daily Target ETF began trading Friday on Cboe under the ticker ASSX.

The fund seeks to deliver 200% of the daily performance of Strive shares before fees and expenses. This means it tracks Strive's common stock, which is influenced by Bitcoin prices, the valuation investors assign to the company's treasury holdings, and Strive's ability to raise capital for acquiring BTC.

The result is effectively a leveraged bet on an already volatile Bitcoin-linked equity rather than direct exposure to the cryptocurrency. The addition of ASSX extends the model deeper into the growing market for listed companies whose valuations are closely tied to digital asset holdings.