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REX and Tuttle launch 2x leveraged Strive ETF
REX and Tuttle have launched $ASSX, a leveraged ETF designed to provide twice the daily performance of Bitcoin treasury company Strive's shares.
The product expands the growing market for leveraged investment vehicles tied to companies with significant Bitcoin exposure.
Because $ASSX targets 2x daily returns, compounding and daily resets can cause longer-term performance to diverge substantially from simply doubling the underlying stock's return, making the product particularly sensitive to volatility.