REX and Tuttle Launch 2x Strive ETF ASSX on Cboe

The fund provides twice‑daily amplified exposure to Strive shares using derivatives with daily resets that raise the risk of compounding losses and counterparty exposure.

Overview

REX Shares and Tuttle Capital listed the T‑REX 2X Long ASST Daily Target ETF under ticker ASSX on Cboe, and the fund began trading on Friday, Sept. 18.
ASSX seeks 200% of Strive’s daily share performance before fees, carries a 1.5% expense ratio, and names Tuttle as adviser and REX as sponsor.
The ETF does not hold Bitcoin or give Strive voting rights and may use derivatives, including swaps, to achieve leverage while warning that a single‑day ASST drop greater than 50% could eliminate an investor’s principal.
Strive shares rose about 6.4% to close at $30.09 on the day ASSX debuted, and ASSX finished its first session at $28.27 after trading between $27.22 and $28.70 with reported volume of 123,946 shares.
The product launch builds on investor interest in Strive’s corporate Bitcoin strategy, which the company reported at 25,000 BTC as of Sept. 11, and future company filings will be the only way to confirm any further changes to that treasury.