Investors looking for amplified crypto exposure should act quickly as REX Shares is set to launch new leveraged ETFs tomorrow on the Cboe BZX Exchange. The T-REX 2X Long SOL Daily Target ETF (SOLX) and T-REX 2X Long XRP Daily Target ETF (XRPK) aim to deliver twice the daily return of their underlying assets

Besides offering aggressive growth potential, these funds employ swaps and other derivatives tied to spot Solana and XRP, rather than investing directly in the cryptocurrencies.

According to REX Shares, “T-REX 2X $SOL and $XRP ETFs are launching tomorrow! Amplify your Solana and XRP trades with 2X leveraged exposure to spot.” Each fund will invest a portion of its assets in a wholly-owned Cayman Islands subsidiary, while excess assets will be held in high-quality cash instruments like US Treasuries and money market funds. Additionally, Tuttle Capital Management will manage the ETFs, charging a 1.5% annual fee on daily net assets.

Expanding Crypto Exposure Through Traditional Investment Vehicles

The new leveraged ETFs follow the successful launch of the REX-Osprey Solana + Staking ETF (SSK), which integrates JitoSOL, a leading liquid staking token on Solana. Since its launch on July 2, SSK surpassed $100 million in assets under management, showcasing strong investor appetite for crypto exposure through conventional accounts

Greg King, CEO of REX Financial & Osprey Funds, noted, “With SSK, REX-Osprey was the first to introduce crypto staking rewards to a U.S. ETF.” By integrating JitoSOL, the ETF enhances liquidity while continuing to deliver native Solana staking rewards.

JitoSOL allows staked SOL to remain tradeable while earning on-chain rewards, boosting capital efficiency without sacrificing transparency

Thomas Uhm, Chief Commercial Officer of the Jito Foundation, said, “Liquid staking tokens like JitoSOL help solve critical challenges around yield optimization and redemption risk, while offering liquidity, capital efficiency, and infrastructure compatibility ETF issuers need.” This positions staked assets for broader adoption in traditional financial products.

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