REX Shares, in partnership with Tuttle Capital Management, has launched the T-REX 2X Long CRCL Daily Target ETF (CBOE: CCUP). This new exchange-traded fund offers 200% daily exposure to Circle Internet Group, Inc., the company behind USDC, one of the world’s most widely used and regulated stablecoins.
This launch occurs at a moment of significant development within the digital asset ecosystem, following the passage of the GENIUS Act, which establishes a regulatory framework for stablecoin issuance and adoption. Circle’s operations aim to bridge traditional finance with digital assets, facilitating secure, 24/7 transactions and fostering new opportunities for global commerce.
Scott Acheychek, COO of REX Financial, stated that T-REX ETFs are designed for traders seeking targeted exposure to market-leading innovators. He noted that Circle is central to the transition towards a digital-first economy, and this ETF allows direct engagement with the company driving stablecoin adoption and digital payments.
Matt Tuttle, CEO of Tuttle Capital Management, commented on the strong demand from investors for tactical exposure to this emerging financial infrastructure. He cited Circle’s expanding role in enabling an institutional-grade digital payments network and the regulatory clarity provided by the GENIUS Act as key factors.
CCUP is the latest addition to the T-REX ETF suite, which now encompasses over 20 leveraged and inverse single-stock ETFs. These products offer 2x and -2x exposure to prominent technology companies, including Tesla and NVIDIA, as well as exposure to spot crypto assets like Bitcoin and Ether.
REX is a provider of exchange-traded products, specializing in alternative-strategy ETFs and ETNs, with assets under management exceeding $7 billion. The company is known for its MicroSectors™ and T-REX product lines and has recently introduced option-based income strategies and the first US Solana + Staking ETF.
Tuttle Capital Management specializes in thematic and actively managed ETFs. The firm employs an
