REX Shares Launches 2X Leveraged ETF on Bitcoin Treasury Firm Strive

REX Shares and Tuttle Capital Management have launched the T-REX 2X Long ASST Daily Target ETF (ASSX), the first U.S. exchange-traded fund offering 2x daily long exposure to Strive (Nasdaq: ASST), a publicly traded Bitcoin treasury company.

The fund began trading on Cboe BZX on September 18, 2026, extending the T-REX franchise of leveraged products into the Bitcoin-equity trade. What ASSX Actually Tracks ASSX seeks to return 200% of the daily performance of Strive’s common stock before fees and expenses.

It does not hold Bitcoin directly and does not attempt to deliver twice Bitcoin’s daily return.

Instead, the fund applies its leverage to Strive’s share price, which is itself driven by Bitcoin prices, the market’s valuation of the company’s treasury holdings, and its ability to raise capital to keep acquiring BTC.