New 2X Strive ETF Turns a Bitcoin Treasury Stock Into an Even Higher-Risk Daily Trade

By Isaac • September 19, 2026 7:13 pm •

A new exchange-traded fund has added another layer of leverage to one of the market’s most Bitcoin-sensitive public stocks.

REX Shares’ official ASSX materials say the T-REX 2X Long ASST Daily Target ETF seeks 200% of the daily performance of Strive shares before fees and expenses. The fund began trading on Cboe under the ticker ASSX and uses financial instruments, including swaps, to pursue that daily target.

The word daily is the key restriction. ASSX resets its exposure after every trading session, so its return over a week or month can differ sharply from twice the return of ASST over the same period.

Compounding becomes more damaging when the underlying stock swings back and forth. A