New Bitcoin ETFs Target High-Conviction Traders

Rex Shares has introduced new Bitcoin ETFs that provide 200% long or short directional exposure to Bitcoin’s price volatility.

Key Points:

• Two new ETFs launched by REX Shares and Tuttle Capital Management
• T-REX 2X Long Bitcoin Daily Target ETF (CBOE: BTCL)
• T-REX 2X Inverse Bitcoin Daily Target ETF (CBOE: BTCZ)
• ETFs use financial derivatives for 2x leveraged or inverse exposure to spot BTC

In the previous week, Bitcoin ETFs have experienced significant inflows following a market pullback. Over $650 million has flowed into BTC ETFs since July 5.

REX Shares’ new ETFs add to their suite of “T-REX” products, which include leveraged exposure to tech giants like Apple, Nvidia, and Tesla.

Risks Associated with Leveraged ETFs:

• Underperformance compared to the underlying asset
• Constant leverage trap phenomenon
• Higher management fees

The new ETFs from Rex Shares have a management fee of 0.95%, higher than traditional spot BTC ETFs.

Despite the potential benefits of leveraged ETFs, they come with inherent risks and drawbacks that investors should carefully consider.