REX Shares, in collaboration with Tuttle Capital Management, has launched the T-REX 2X Long CIFR Daily Target ETF (CBOE: CIFU), designed to deliver 200% of the daily performance of Cipher Mining (NASDAQ: CIFR), a U.
S.-based Bitcoin mining company.
Cipher Mining operates and develops high-efficiency data centers powered by long-term renewable-energy contracts, positioning itself as one of the fastest-growing institutional-grade miners in North America. The introduction of CIFU expands the T-REX lineup of leveraged single-stock ETFs, which aims to provide precise, tactical exposure to companies central to transformative themes, including digital assets, artificial intelligence, and next-generation infrastructure.
Greg King, CEO of REX, stated that CIFU allows traders to access amplified exposure to a significant infrastructure player within the U.
S. Bitcoin mining ecosystem. He added that the T-REX suite provides targeted tools for investors to express high-conviction views, with Cipher Mining being a key name for those following the digital asset supply chain.
Matt Tuttle, CEO of Tuttle Capital Management, commented that CIFU’s launch aligns with their mission to offer first-to-market, high-impact exposures, citing Cipher Mining’s growth trajectory and role in the Bitcoin network as a natural fit for the T-REX lineup. The T-REX ETF suite currently encompasses over 30 leveraged and inverse single-stock ETFs, including the first 2x exposures to companies like Tesla, Nvidia, MicroStrategy, and spot Bitcoin equities.
Investors should note that investing in CIFU is not equivalent to direct investment in Cipher Mining (CIFR). REX Shares cautions that its ETFs may be more volatile than broadly diversified funds, and the use of leverage increases risk. These funds are intended for sophisticated investors who understand leverage risk, the implications of daily leveraged results, and who intend to actively monitor and manage their investment. Investing in the fund carries risk, including the potential loss of all invested money.
