REX and Tuttle Launch 2x Strive ETF ASSX for Bitcoin Treasury Exposure

REX Shares and Tuttle Capital's new ASSX ETF offers 2x daily exposure to Strive, the 5th-largest publicly traded corporate Bitcoin holder, which holds 25,000 BTC on its balance sheet.

Crypto ETF & Investment News

There is now a leveraged Wall Street product built around a company whose entire corporate strategy is to accumulate Bitcoin (BTC). 

REX Shares and Tuttle Capital Management

the T-REX 2X Long ASST Daily Target ETF on Sept. 19, listing it on Cboe under the ticker ASSX.

The fund targets 200% of Strive Asset Management's daily share-price return, calculated before fees and expenses. Strive is a publicly traded asset manager and

treasury company, meaning it holds BTC as its primary corporate reserve asset.

ASSX provides no direct exposure to BTC. It tracks Strive's equity, so its performance depends entirely on how Strive's stock moves each session. Investors in the fund are positioned on the company, not the underlying asset the company holds.

The fund's leverage resets at the end of every trading day. That means returns over periods longer than a single session can diverge significantly from twice Strive's cumulative performance over the same window. This is a standard characteristic of daily-reset