REX Shares, an exchange-traded fund specialist, and Tuttle Capital Management introduced a new leveraged exchange-traded fund (ETF), aiming to deliver twice the daily performance of Strive, which is a publicly traded Bitcoin treasury and asset management company. The T-REX 2X Long ASST Daily Target ETF began trading under the ticker ASSX on Friday on the Cboe exchange. The fund is designed to achieve 200% of Strive’s daily share-price returns before accounting for fees and expenses. To accomplish this, the ETF resets its leverage at the start of each trading day, which means that cumulative returns over longer periods may diverge substantially from double the performance of Strive shares.