Strive is a publicly traded company that holds Bitcoin as its primary treasury asset — currently fifth among corporate holders with 25,000 BTC on the books. REX Shares and Tuttle Capital thought plain exposure wasn't exciting enough.
On Friday they launched
ASSX on Cboe: a 2x daily ETF targeting 200% of Strive's share-price move. The leverage resets every session, so multi-day math gets complicated fast. No Bitcoin held, no Bitcoin price tracked — just a leveraged bet on Strive's equity.Per Yahoo Finance, REX and Tuttle already run similar 2x funds on Strategy, BitMine and Circle. Leveraged Bitcoin-treasury ETFs are quietly becoming their own genre.
Cointelegraph