T-REX 2X Leveraged ETF for Galaxy Digital land for Cboe
REX Shares and Tuttle Capital don launch T-REX 2X Long Galaxy Digital Daily Target ETF (GLXU) for Cboe, na be di first 2× leveraged ETF wey dey follow Galaxy Digital Holdings stock. Dis leveraged ETF dey try deliver twice di daily performance of Galaxy Digital shares through daily rebalancing system. E design for active traders wey dey find heavy exposure to digital asset sector. GLXU dey expand REX’s T-REX lineup wey don get 2× and inverse leveraged ETFs on Bitcoin (BTC) and Ethereum (ETH), plus 2× leveraged and inverse MicroStrategy (MSTR) ETFs. You fit get am with normal brokerage accounts without holding crypto directly. Dis high-risk, high-reward leveraged ETF na accurate tool for short-term bullish plays on one main crypto finance platform.
Bullish
Di launch of 2× leveraged ETF on top Galaxy Digital stock (GLXU) fit mean beta good for crypto finance sector. For short time, tools wey get amplified exposure like leveraged ETFs dey usually attract active trading capital, boost liquidity, and increase volatility, which go support price to dey rise for related assets. For long time, ETF wey fit access through normal broker without direct crypto holdings fit make more investors join and get confidence for digital asset market, fit drive steady demand. But because e get high risk, e fit scare people weh no like risk, so volatility go still dey.