đ REX Shares & Tuttle Capital Debut First 2X Leveraged ETF for Galaxy Digital â Double the Crypto Exposure!
Wall Streetâs latest crypto gambit just went liveâand itâs not for the faint-hearted. REX Shares and Tuttle Capital have unleashed the first 2X leveraged ETF tracking Galaxy Digital, doubling down on Mike Novogratzâs crypto empire. Hereâs why it mattersâand why skeptics are rolling their eyes.
### The Leverage Play: Turbocharged Volatility
This ETF isnât just betting on Galaxy Digitalâitâs amplifying every swing. Bull run? You win twice. Bear market? Well⌠good luck. Itâs a high-octane tool for traders who think 'risk management' is a boring spreadsheet term.
### Why Galaxy Digital?
Novogratzâs firm is a proxy for cryptoâs institutional adoption, bridging Bitcoin and traditional finance. Now, with 2X leverage, that bridge just got a nitro boost. Cue the hedge fund bros high-fiving over Bloomberg Terminals.
### The Fine Print (Because Thereâs Always Fine Print)
Daily resets mean this ETFâs long-term performance wonât mirror Galaxyâs stock. Compounding cuts both waysâask anyone whoâs tried (and failed) to time crypto markets. Bonus jab: Another product for Wall Street to sell while pretending they âbelieve in blockchain.â
### The Bottom Line
Speculative? Absolutely. But in a market where âYOLOâ counts as due diligence, itâll probably printâuntil it doesnât. Buckle up.
T-REX suite of ETFs
REX Sharesâ launch of GLXU adds to the firmâs growing T-REX ETF lineup. These single-stock ETFs are designed for investors targeting short-term, amplified exposure to platforms in sectors like artificial intelligence, blockchain, and energy.
The T-REX ETF suite includes both, offering 2x and -2x daily exposure to U.S.-listed companies such as,, and. It also offers products tied tosuch as(BTC) and ethereum (ETH).
REX Shares and Tuttle Capital also partnered to debut the 2x leveraged and inverse MicroStrategy ETFs in September 2024. Meanwhile, Tuttle filed for 2x leveraged ETFs across 10 digital assets in January 2025, with tokens such as XRP, Solana, Litecoin and Cardano.