REX Shares Launches 2x Leverage ETF Tracking Strive (ASST) Daily Performance

REX Shares has launched a leveraged ETF that tracks twice the daily return of Strive (ASST) on October 18. The firm, in collaboration with Tuttle Capital Management, introduced the 'T-REX 2X Long ASST Daily Target ETF,' which will trade under the ticker ASSX on Cboe.

REX Shares explained that the ETF aims to provide twice the daily performance of Strive, noting that its target return is applied on a daily basis and differs from holding Strive stock directly.