🚨 REX Launches 2x Leveraged ETF Tracking Strive Asset Management 🧠

📊 | $BTC | $ETH | $BNB |

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- REX Shares, under the ASSX ticker, launches the T-REX 2X Long-Term Strive Daily Target ETF.
- The fund tracks the stock price of Strive Asset Management, aiming to achieve 200% gains within the day.
- Strive’s balance sheet holds 26,355 bitcoins; the stock price is affected by fluctuations in BTC value.
- Unlike directly holding BTC or spot ETFs, ASSX is a single-stock leveraged product with intraday rebalancing. 🔥

- In the short term, the leverage effect may amplify Strive’s stock price volatility, leading to higher volatility.
- If the BTC price continues to rise, Strive’s asset value will increase, and the fund may perform better than expected.
- Liquidity injections are expected in the near term, which may increase trading volume.
- Large investors may use this product for intraday arbitrage, indicating whales are actively positioning.

- What do you think about the long-term impact of leveraged ETFs on Strive’s stock price?

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#Bitcoin #ETF #Whales #Crypto #Trading