๐จ๐ธ REX Shares and Tuttle Capital Management have launched the T-REX 2X Long Galaxy Digital Daily Target ETF (GLXU), providing double leverage on Galaxy Digital's stock price ๐.
This ETF is designed for active traders seeking short-term exposure to Galaxy Digital, a digital asset company co-founded by Mike Novogratz ๐ผ. GLXU is part of the T-REX lineup of single-stock leveraged ETFs, which includes 24 other funds tracking popular stocks like Nvidia and Apple ๐. With an annual fee of 1.5%, GLXU offers amplified exposure to Galaxy Digital's stock performance.
However, it's intended for daily holding, as prolonged holding may result in diminished returns due to volatility decay โ ๏ธ