REX Launches 2x Leveraged Strive ETF
REX Shares has introduced the ASSX ETF, providing 2x daily leveraged exposure to Strive Asset Management, a firm known for its Bitcoin-heavy treasury strategy.
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- What is the ASSX ETF Strategy?: The fund uses derivative swaps to track twice the daily performance of Strive (ticker: STRV), amplifying both gains and losses for short-term traders. ASSX
- Strive's Bitcoin Treasury Focus: Strive Asset Management, co-founded by Vivek Ramaswamy, has pivoted toward aggressive Bitcoin acquisition as a core corporate treasury policy. Strive Asset Management
- Leveraged ETF Risk Disclosure: The fund is designed specifically for sophisticated investors seeking intraday gains and is not intended to be held as a long-term investment due to daily rebalancing decay.
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