REX Shares, in collaboration with Tuttle Capital Management, has introduced a new leveraged exchange-traded fund targeting amplified exposure to Galaxy Digital.
The T-REX 2X Long Galaxy Digital Daily Target ETF, trading under the ticker symbol GLXU on the Cboe exchange, offers daily investment results corresponding to twice the daily performance of shares in Galaxy Digital.
Galaxy Digital is a prominent firm in the cryptocurrency financial services sector. GLXU specifically targets active traders seeking magnified daily returns based on Galaxy Digital’s stock movements and represents a bullish investment stance on the company.
This launch marks a notable advancement in the development and complexity of cryptocurrency-related investment products, providing investors a new tool for leveraged participation in the digital asset ecosystem via a traditional exchange listing.