TLDR
- New GLXU ETF offers 2x leveraged exposure to Galaxy Digital’s stock performance.
- T-REX launches GLXU ETF, amplifying views of Galaxy Digital for active traders.
- GLXU ETF delivers 2x leverage on Galaxy Digital’s crypto finance stock.
- REX & Tuttle debut GLXU, a 2x leveraged ETF for short-term crypto traders.
- GLXU ETF targets Galaxy Digital’s stock, doubling daily performance for traders.
REX Shares, in partnership with Tuttle Capital Management, has launched the T-REX 2X Long Galaxy Digital Daily Target ETF (ticker: GLXU). The ETF offers traders a unique, amplified exposure to Galaxy Digital Holdings Ltd. (GLXY), a leader in digital asset services. It marks the first 2x leveraged ETF in the U.S. providing exposure to Galaxy Digital’s stock.
A New Addition to the T-REX Lineup
The introduction of GLXU expands the T-REX lineup of single-stock ETFs. The T-REX series includes over 20 leveraged and inverse ETFs focused on major market players like Tesla and Nvidia. .
Pleased to welcome a new T-REX ETF by @REXShares to our U.S. market: T-REX 2X Long GLXY Daily Target ETF! $GLXU
Learn more about #CboeListed T-REX #ETFs: https://t.co/HuGzQNwbcG pic.twitter.com/R7fk1H4Kis
— Cboe (@CBOE) August 8, 2025
Scott Acheychek, COO of REX Financial, highlighted the firm’s dedication to digital asset innovation. He noted that GLXU provides traders with amplified views of key players in crypto finance. “With the launch of GLXU, we’re offering traders a way to take amplified views on companies at the center of digital asset innovation,” said Acheychek.
The ETF is structured to offer 2x daily exposure to Galaxy Digital, which operates in asset management, trading and investment banking within the cryptocurrency sector. Traders seeking short-term exposure to such companies will find GLXU an ideal tool for their strategies.
Targeting Digital Assets and Crypto Finance
Galaxy Digital operates as a diversified financial platform for the digital asset market. The company engages in proprietary trading, market making, and large-scale crypto transactions. Recently, Galaxy Digital executed a massive sale of 80,000 Bitcoin, a record in the industry.
Despite a recent decline in total assets, Galaxy Digital continues to push forward with significant digital asset activities. The company reported a 43% drop in total assets during Q2 of 2025, amounting to $6.3 billion.The firm recorded a net income of $30.7 million after several quarters of losses.
Galaxy’s resilience and its prominent role in the digital asset space have made it a central figure for active traders. GLXU aims to capitalize on this by offering exposure to the firm’s stock performance in the rapidly evolving crypto market.
Designed for Active Traders and Short-Term Exposure
As a leveraged ETF, GLXU is designed for traders to use for short-term investments. The fund’s 2x leverage means it aims to double the daily performance of Galaxy Digital’s stock. GLXU are intended for one-day holds due to volatility risks over longer periods.
The expense ratio of GLXU stands at 1.5%, reflecting the cost of providing leveraged exposure to Galaxy Digital. This ratio is competitive within the leveraged ETF space and ensures the fund remains accessible to active traders. With the launch of GLXU, REX and Tuttle aim to provide a tool for traders looking to capitalize on short-term movements in the digital asset sector.
GLXU represents a strategic addition to the T-REX suite, offering traders an efficient, amplified way to engage with Galaxy Digital’s stock. As digital assets continue to shape the future of finance, this ETF provides a timely opportunity for those focused on short-term, high-impact trading.
