First ETF in the U.S. offering 2x Leveraged Exposure to SBET
REX Shares (“REX”), in collaboration with Tuttle Capital Management (“Tuttle”), is pleased to announce the launch of the T-REX 2X Long SBET Daily Target ETF (CBOE: SBTU).
The fund offers 200% leveraged exposure to SharpLink Gaming, Inc. (SBET) – an Ethereum-focused treasury company holding over $3.7B in Ethereum and a trusted marketing company specializing in iGaming affiliate services connecting users to regulated sportsbooks and casinos.
SBTU is now listed and trading on the CBOE.
The fund is designed to deliver 200% of the daily performance of its underlying stock, SharpLink Gaming Inc. (SBET).
“With the launch of SBTU, we’re offering traders a way to take amplified views on a company at the center of both the Ethereum ecosystem and the evolving iGaming landscape,” said Scott Acheychek, COO of REX. “This launch further solidifies T-REX as the go-to toolkit for high-conviction traders.”
Matt Tuttle, CEO of Tuttle Capital Management, added, “We continue to see strong demand from traders seeking tactical exposure to individual names. This 2x ETF allows them to express their convictions with precision and speed, across sectors driving the modern digital economy.”
Investing in the Fund is not equivalent to investing directly in SBET.
For full fund information, holdings, and risk disclosures, visit rexshares.com.
The Fund is not suitable for all investors. The Funds are designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. The Funds are not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Funds will lose money if performance is flat, and it is possible that the Fund will lose money even if performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price falls by more than 50% in one trading day.
About T-REX
The T-REX lineup is a partnership between REX Shares and Tuttle Capital Management. T-REX is redefining single-stock ETFs with first-to-market leveraged and inverse exposures. Built to deliver 2x and -2x daily performance on some of the market’s most dynamic companies, T-REX funds give traders powerful tools to express high-conviction views. From being the first to launch 2x and -2x ETFs on Tesla and Nvidia, to pioneering the first leveraged ETFs tied to spot Bitcoin, T-REX continues to set the pace in ETF innovation. With more than 20 products already trading, the suite is constantly expanding to meet evolving investor demand for tactical, high-impact exposures. For more information, visit rexshares.com.
About REX
REX Financial is a leading provider of innovative exchange-traded products (ETPs), specializing in alternative strategy ETFs and ETNs. We have introduced landmark strategies including the first U.S.-listed Solana ETF with on-chain staking rewards (REX-Osprey SSK); the first 2x leveraged ETFs tied to Nvidia, Tesla, MicroStrategy, and spot Bitcoin (T-REX); and option-based covered call ETFs, ranging from traditional approaches to single-stock strategies that balance weekly distributions with uncapped upside.
About Tuttle Capital Management
Tuttle Capital Management is a leader in thematic and actively managed ETFs, leveraging an agile investment approach to align with market trends. Please visit www.tuttlecap.com for more information.
Investor Disclosure
Investors should consider the investment objectives, risk, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the T-REX ETFs please call 1-844-802-4004 or visit our website at rexshares.com. Read the prospectus and summary prospectus carefully before investing.
There is no guarantee that the Funds will achieve their investment objectives. Investing involves risk, including possible loss of principal.
Important Risks
Investing in a REX Shares ETF may be more volatile than investing in broadly diversified funds. The use of leverage by a Fund increases the risk to the Fund. The REX Shares ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged, or daily inverse leveraged, investment results and intend to actively monitor and manage their investment.
An investment in the Fund entails risk. The Fund may not achieve its leveraged investment objective and there is a risk that you could lose all of your money invested in the Fund. The Fund is not a complete investment program. In addition, the Fund presents risks not traditionally associated with other mutual funds and ETFs. It is important that investors closely review all of the risks listed below and understand them before making an investment in the Fund.
Leverage Risk. The Fund obtains investment exposure in excess of its net assets by utilizing leverage and may lose more money in market conditions that are adverse to its investment objective than a fund that does not utilize leverage.
Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes.
Underlying Security Investing Risk. Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally.
New Fund Risk. As of the date of this prospectus, the Fund has no operating history and currently has fewer assets than larger funds.
Distributor: Foreside Fund Services, LLC, member FINRA, not affiliated with REX Shares or the Funds’ investment advisor.
View source version on businesswire.com: https://www.businesswire.com/news/home/20251021567936/en/
Contacts
For media inquiries, please contact:
Gregory FCA for REX — rexfin@gregoryfca.com
Matthew Tuttle for Tuttle Capital — mtuttle@TuttleCap.com