REX Shares and Tuttle Capital Launch First 2X Leveraged ETF Tracking Galaxy Digital

REX Shares and Tuttle Capital Management have unveiled the T-REX 2X Long Galaxy Digital Daily Target ETF, marking the first 2X Leveraged ETF tied to Galaxy Digital Holdings. The fund, trading under the ticker GLXU on Cboe, aims to provide amplified bullish exposure to Galaxy Digital, a key player in crypto finance.

The collaboration builds on the firms' history of launching leveraged and inverse ETFs for major cryptocurrencies like Bitcoin and Ethereum. Galaxy Digital's multifaceted role—spanning asset management, trading, and investment banking—positions it as a bellwether for institutional crypto adoption.

This MOVE signals growing demand for sophisticated crypto-linked financial products. As traditional and crypto-native firms converge, leveraged ETFs like GLXU could become critical tools for traders betting on the sector's maturation.