🚨 REX launches a 2x leveraged ETF 📈 tracking STRIVE 🧠
📊 | $BTC | $ETH | $BNB |
- Welcome to follow, like, and comment—let’s discuss the market together. 📈
- REX Shares today launched a T-REX 2x Long Strive Daily Target ETF with the ticker code ASSX.
- The ETF aims to deliver 200% of the daily performance of Strive Asset Management’s stocks.
- Strive holds about 26,355 bitcoins, and its share price is influenced by both business performance and the market value of bitcoin.
- Unlike spot bitcoin ETFs, ASSX is a single-share leveraged ETF, with intraday leverage resets and there is compounding bias. 🔥
- Given recent volatility in the price of bitcoin, ASSX may experience large short-term gains, attracting speculative capital.
- If bitcoin continues to rise, Strive’s share price may drive ETF returns beyond the expected 200%.
- The leveraged effect is expected to amplify losses during periods of high volatility, so investors should watch for intraday drawdown risk.
- Recent “whale” activity shows large buy-side pressure, suggesting institutions may be making early moves on this product.
- In today’s volatile bitcoin environment, how do you think the risk and reward of holding a 2x leveraged ETF should be weighed?
- Please keep following our in-depth analysis, share your views, and let’s get a clearer read on the market together.
#Bitcoin #ETF #Whales #Crypto #Trading
📊 | $BTC | $ETH | $BNB |
- Welcome to follow, like, and comment—let’s discuss the market together. 📈
- REX Shares today launched a T-REX 2x Long Strive Daily Target ETF with the ticker code ASSX.
- The ETF aims to deliver 200% of the daily performance of Strive Asset Management’s stocks.
- Strive holds about 26,355 bitcoins, and its share price is influenced by both business performance and the market value of bitcoin.
- Unlike spot bitcoin ETFs, ASSX is a single-share leveraged ETF, with intraday leverage resets and there is compounding bias. 🔥
- Given recent volatility in the price of bitcoin, ASSX may experience large short-term gains, attracting speculative capital.
- If bitcoin continues to rise, Strive’s share price may drive ETF returns beyond the expected 200%.
- The leveraged effect is expected to amplify losses during periods of high volatility, so investors should watch for intraday drawdown risk.
- Recent “whale” activity shows large buy-side pressure, suggesting institutions may be making early moves on this product.
- In today’s volatile bitcoin environment, how do you think the risk and reward of holding a 2x leveraged ETF should be weighed?
- Please keep following our in-depth analysis, share your views, and let’s get a clearer read on the market together.
#Bitcoin #ETF #Whales #Crypto #Trading