T-REX 2X Long GLXY Daily Target ETF

T-REX 2X Long GLXY Daily Target ETF is a single‑stock leveraged exchange-traded fund designed to deliver 200% of the daily return of Galaxy Digital Holdings Ltd., before fees and expenses. The fund’s stated objective is strictly daily in scope, meaning it seeks to magnify the one‑day move of Galaxy Digital’s publicly traded common stock rather than track longer holding periods. To achieve its mandate, the ETF primarily utilizes swap agreements and other derivatives, offering traders a vehicle for short-term, amplified exposure to a diversified digital-asset financial services firm spanning asset management, trading, and investment banking. As part of the T-REX lineup from REX Shares and Tuttle Capital Management, the product extends a suite of leveraged and inverse tools focused on prominent, innovation-driven companies and themes, including AI and blockchain. Notable features include its first-to-market status in the U.S. for 2x exposure to Galaxy Digital and an expense structure consistent with leveraged single‑stock ETFs reported around launch. The ETF’s role in the market is to provide tactical, intraday or short-horizon positioning tied to developments in digital asset markets and Galaxy Digital’s business performance.