The new GLXU ETF offers twice the daily exposure to Galaxy Digital's stock as part of a comprehensive series of leveraged ETFs targeting prominent equities.
Rex Shares and Tattle Capital Management have launched the T-REX 2X Long Galaxy Digital Daily Target ETF (GLXU), an official press release announcing a product designed for one-day holding that provides 2x leveraged exposure to Galaxy Digital's stock. The ETF is part of a series that includes 25 funds featuring stocks such as Nvidia and Apple, and it exposes investors to potential decay in longer-term positions. Galaxy Digital, led by CEO Mike Novogratz, is listed on the Toronto Stock Exchange and NASDAQ and operates in proprietary trading, market making, and large-scale crypto trade brokerage.