REX Shares and Tuttle Capital Management launched the ASSX ETF on Cboe, offering 2x daily exposure to Strive shares, a Bitcoin treasury company. The T-REX 2X Long ASST Daily Target ETF does not directly hold Bitcoin but delivers twice the daily performance of Strive shares with daily leverage reset. Strive ranks among the five largest publicly traded corporate Bitcoin holders with 25,000 BTC, having financed its latest purchase of 469 BTC through sales of SATA, its perpetual preferred stock. Strive shares rose 6.4% on Friday to close at $30.09, slightly above the average 12-month price target of $29.40 among analysts tracked by S&P Global.
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