Strive-Tied ETF Launches, Offering 2x Leveraged Exposure to Bitcoin Treasury Firm

Strive, a publicly traded Bitcoin treasury company and asset manager, has become a key focus for investors after REX Shares and Tuttle Capital Management launched their T-REX 2X Long ASST Daily Target ETF.

The new ETF, trading under the ticker ASSX on Cboe, aims to deliver twice the daily performance of Strive's share price before fees and expenses. This means that if Strive's shares rise by a certain percentage in a day, the T-REX ETF will aim to double that gain.

Unlike spot Bitcoin ETFs, which directly track the cryptocurrency's price, ASSX does not hold Bitcoin or seek to track its price. Instead, it provides leveraged exposure to Strive shares, making it an attractive option for investors looking to capitalize on the company's growth potential.