MIAMI -- REX Shares (“REX”) in collaboration with Tuttle Capital Management (“TCM”), announced the launch of the T-REX 2X Long HOOD Daily Target ETF (CBOE: ROBN). This latest ETF in the T-REX suite provides investors with a powerful tool, offering 200% exposure to the daily price movement of Robinhood Markets Inc., a leading retail investment platform.
“The launch of the T-REX 2X Long HOOD Daily Target ETF marks another step in our mission to deliver cutting-edge investment solutions that resonate with modern traders. Robinhood has become synonymous with the retail trading revolution, and this ETF offers a dynamic tool for those looking to amplify their exposure to the daily price movements of this influential stock,” said Scott Acheychek, COO of REX Financial, REX Shares' parent company.
Matt Tuttle, CEO of Tuttle Capital Management, added, “T-REX continues to provide first to market products. Robinhood has opened doors for a new generation of investors and traders. The T-REX 2X Long HOOD Daily Target ETF is the only Robinhood single stock trading instrument in the market, offering traders a powerful tool to navigate its dynamic movements.”
The T-REX ETF lineup continues to deliver a range of leveraged and inverse products designed to help meet the demands of today’s investor. Renowned for their innovative strategy, T-REX ETFs have consistently been the first to market with 2x and/or -2x leverage on the daily price movement of Tesla, Nvidia, MicroStrategy, Google, Apple, Microsoft, spot Bitcoin, and spot Ethereum.
Investing in the funds involves a high degree of risk. Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these leveraged and/or inverse single-stock ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged and inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stock’s performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Funds will lose money if the underlying stock’s performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stock’s performance increases over a period longer than a single day.
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