🔴 A new layer of risk: a fund bets two times on a stock held by a company that keeps Bitcoin, not on Bitcoin itself
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📰 REX Shares and Tuttle Capital launched the ASSX fund, targeting the daily underperformance of Strive’s stock, whose treasury holds 25,000 bitcoins, without the fund directly holding the currency or targeting double the return on it. Daily rebalancing means the cumulative return will deviate from the stated 2x effect over the long term.
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⬡ LEGENDARY_007 #LEGENDARY_007
$BTC
━━━━━━━
📰 REX Shares and Tuttle Capital launched the ASSX fund, targeting the daily underperformance of Strive’s stock, whose treasury holds 25,000 bitcoins, without the fund directly holding the currency or targeting double the return on it. Daily rebalancing means the cumulative return will deviate from the stated 2x effect over the long term.
━━━━━━━
📍 Like the content? Like and follow
⬡ LEGENDARY_007 #LEGENDARY_007
$BTC
