REX Shares & Tuttle Capital Launch 2X Long Galaxy Digital ETF
REX Shares and Tuttle Capital Management have launched the T-REX 2X Long Galaxy Digital Daily Target ETF (ticker: GLXU), offering investors double leveraged exposure to the stock of Galaxy Digital, the digital asset firm led by Mike Novogratz.
GLXU joins the “T-REX” family of 24 other single-stock leveraged ETFs tracking major names like Nvidia, Apple, and Bitcoin-focused firm Strategy. Like other leveraged ETFs, GLXU is designed for daily trading only, as holding it longer can erode returns due to volatility decay. The fund carries a 1.5% annual management fee.