T-REX 2X Long GLXY Daily Target ETF (GLXU)

The T-REX 2X Long GLXY Daily Target ETF (GLXU) is a leveraged single-stock fund from REX Shares and Tuttle Capital Management. It targets two times the daily percentage return of Galaxy Digital Inc., the digital asset and blockchain financial services firm.

The fund gains its exposure largely through swap agreements and rebalances daily to keep its 2x leverage. Since the target applies only to single-day returns, results over longer holding periods can deviate significantly from twice the stock's return, particularly when the shares are volatile.

The ETF is listed on Cboe BZX and is intended for short-term trading.