GLXY Etf launch

REX Shares and Tuttle Capital Management Launch T-REX 2X Long GLXY Daily Target ETF (CBOE: GLXU)

Published August 08, 2025 at 12:00 PM

MIAMI--(BUSINESS WIRE)--REX Shares ("REX"), in partnership with Tuttle Capital Management ("TCM"), is pleased to announce the launch of the T-REX 2X Long Galaxy Digital Daily Target ETF (CBOE: GLXU). GLXU marks the first 2x leveraged ETF offering exposure to Galaxy Digital Holdings Ltd. (GLXY) in the United States - a diversified financial services platform in crypto finance, with core businesses in asset management, trading, and investment banking. The debut of GLXU continues the expansion of

Related Questions

How might the introduction of GLXU affect short‑selling activity and market depth for GLXY? What is the expected premium or discount of GLXU relative to the underlying GLXY exposure? How does GLXU’s performance expectations align with the broader crypto market outlook and regulatory environment? How does the 2x leveraged structure of GLXU compare to existing single‑stock leveraged ETFs in terms of tracking error? How will the ETF’s expense ratio impact net returns compared to direct ownership of GLXY or other crypto‑finance instruments? What are the counterparty risks associated with the ETF’s leverage and collateral arrangements? What are the tax implications for investors holding GLXU, especially regarding daily reset mechanics? What is the anticipated daily trading volume for GLXU and how might that influence bid‑ask spreads? How will the launch of GLXU affect the liquidity and price volatility of Galaxy Digital (GLXY) shares? What is the potential impact of GLXU on institutional demand for Galaxy Digital exposure versus alternative crypto‑finance vehicles?