REX Shares is set to introduce two new leveraged ETFs, the T-REX 2X Long SOL Daily Target ETF (SOLX) and the T-REX 2X Long XRP Daily Target ETF (XRPK), on the Cboe BZX Exchange tomorrow. These funds aim to provide twice the daily return of Solana and XRP through swaps and derivatives, rather than direct cryptocurrency holdings. Managed by Tuttle Capital Management, the ETFs will carry a 1.5% annual fee.
This launch follows the success of the REX-Osprey Solana + Staking ETF (SSK), which has integrated JitoSOL and achieved over $100 million in assets under management since its debut on July 2.
REX Shares to Launch Leveraged XRP and Solana ETFs on Cboe BZX
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
