T-Rex 2X Long Ether Daily Target ETF
ETU
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 8730 Stony Point Parkway, Suite 205 Richmond VA United States of America 23235
- IPO Date
- Oct 24, 2024
- CIK
- 0001396092
- Website
- rexshares.com
- Similar Companies
- Business
- REX Shares and Tuttle Capital Management, through the T-REX ETF suite, provide exchange-traded funds and ETPs designed for sophisticated traders seeking daily leveraged and inverse exposure to equities, cryptocurrencies, and other thematic reference assets, including the T-REX 2X Long Ether Daily Target ETF, which seeks daily investment results, before fees and expenses, of 200% of the daily performance of spot Ether and does not invest directly in Ether; the suite also includes related leveraged and inverse products, options availability, and other alternative-strategy offerings. REX Shares is an innovative ETP provider specializing in alternative-strategy ETFs and ETNs and is presented as the parent platform behind the T-REX line, while Tuttle Capital Management serves as the co-branded partner and investment adviser associated with the strategy. ETU was launched on October 24, 2024 as part of a broader expansion of the T-REX crypto lineup, alongside the T-REX 2X Inverse Ether Daily Target ETF, extending a product family that had already included leveraged and inverse Bitcoin and Strategy-linked funds; the launch was a significant recent strategic product addition within the last 1-2 years. The fund is structured for U.S. exchange trading, uses daily leverage, is non-diversified, and is intended for active investors who can monitor positions frequently because performance is designed to track only a single trading day, not longer holding periods. REX Financial, the parent company referenced by REX Shares, is based in Miami and is described as managing over $6 billion in assets, underscoring the broader sponsor platform behind ETU.