REX Shares and Tuttle Capital Launch 2x Leveraged ETF on Galaxy Digital

REX Shares, an alternative strategy exchange-traded funds and notes platform, and Tuttle Capital Management, a thematic and actively managed ETFs provider, have joined forces to bring to market the first 2x leveraged ETF on Galaxy Digital Holdings.

Crypto Adoption on the Rise

As crypto adoption continues to ramp up, ETFs offering exposure to various crypto-related assets are becoming more accessible. REX Shares, Tuttle Capital, and other market providers are stepping up their presence in this growing market.

Introducing the T-REX 2X Long Galaxy Digital Daily Target ETF

The T-REX 2X Long Galaxy Digital Daily Target ETF, which will trade on the Cboe under the ticker GLXU, will track Galaxy Digital shares in the United States. GLXU aims to provide bullish exposure to Galaxy Digital, emphasizing the company’s potential as a financial services platform dedicated to crypto finance.

Galaxy Digital: A Leader in Crypto Finance

In addition to asset management and trading, Galaxy Digital also offers investment banking services. As a result, GLXU provides investors with amplified exposure to a company at the forefront of digital asset innovation.

Amplified Views for Active Traders

“With the launch of GLXU, we’re offering traders a way to take amplified views on companies at the center of digital asset innovation,” said Scott Acheychek, chief operating officer of REX Financial. “This expansion of the T-REX lineup underscores our commitment to building precision tools for active traders.”

The T-REX ETF Suite

REX Shares’ launch of GLXU adds to the firm’s 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.

Leveraged and Inverse ETFs

The T-REX ETF suite includes both leveraged and inverse ETFs, offering 2x and -2x daily exposure to U.S.-listed companies such as Nvidia, Tesla, and Strategy. It also offers products tied to spot crypto assets such as Bitcoin and Ethereum.

Previous Partnerships and Filings

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.

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