REX Shares ("REX") and Tuttle Capital Management ("TCM") today announce the launch of the T-REX 2X Long TE Daily Target ETF (Cboe: TEUP), a leveraged ETF providing 2x daily long exposure to T1 Energy Inc. (NYSE:TE).
TEUP is designed to deliver 200% of TE's daily performance, giving traders a tool to engage with a company building the United States' clean energy future. T1 Energy is an energy solutions provider developing an integrated U.S. supply chain for solar and batteries. As one of the leading solar manufacturing companies in the U.S., the company operates G1_Dallas, a 5GW solar module manufacturing facility, and is set to open a second manufacturing site, G2_Austin, in late 2026.
"Traders want precision tools to act on the themes shaping today's market," said Scott Acheychek, COO of REX. "TEUP gives them 2x daily exposure to T1 Energy, a company at the center of the U.S.'s clean energy buildout, combining solar manufacturing scale with a battery storage strategy at a time when U.S. energy infrastructure is front and center."
"T1 Energy is exactly the kind of single-stock story T-REX was built for," added Matt Tuttle, CEO and CIO of Tuttle Capital Management. "TEUP is designed to give traders a 2x daily long tool to act on conviction in TE as the company advances its mission to build a homegrown U.S. solar and storage supply chain."
This launch expands the T-REX ETF suite, which now includes over 40 leveraged and inverse single-stock ETFs, including first-to-market 2x exposures to Robinhood (ROBN), Nvidia (NVDX), and Tesla (TSLT).
Investing in the Fund is not equivalent to investing directly in TE.
For full fund information, holdings, and risk disclosures, visit rexshares.com.
About T-REX
The T-REX lineup is a partnership between REX Shares and Tuttle Capital Management. T-REX is redefining single-stock ETFs with first-to-market leveraged and inverse exposures. Built to deliver 2x and -2x daily performance on some of the market's most dynamic companies, T-REX funds give traders powerful tools to express high-conviction views. From being the first to launch 2x and -2x ETFs on Tesla (TSLT) and Nvidia (NVDX), to pioneering the first leveraged 2x ETFs tied to spot Bitcoin (BTCL), T-REX continues to set the pace in ETF innovation. With more than 40 products already trading, the suite is constantly expanding to meet evolving investor demand for tactical, high-impact exposures. For more information, visit rexshares.com.
About REX Shares
REX Shares offers a suite of exchange-traded products built for both active traders and long-term investors, spanning income, crypto, thematic, and leveraged strategies. Whether making short-term trades, generating income from volatility, or investing in digital assets and emerging themes like drones, REX empowers investors to act on strong market views.
For more information, please visit rexshares.com.
About Tuttle Capital Management
Tuttle Capital Management is a leader in thematic and actively managed ETFs, leveraging an agile investment approach to align with market trends. Please visit www.tuttlecap.com for more information.
The Fund seeks daily investment results, before fees and expenses, of 200% of the daily performance of TE. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day.
The Fund will lose money if the underlying security performance is flat over time, and as a result of daily rebalancing, the underlying security's volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the underlying security's performance increases over a period longer than a single day. The Funds seek daily inverse leveraged or long leveraged investment results and are intended to be used as short-term trading vehicles. The Funds are not intended to be used by, and are not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Funds' investment adviser will not attempt to position each Fund's portfolio to ensure that a Fund does not gain or lose more than a maximum percentage of its net asset value on a given trading day. As a consequence, if a Fund's underlying security moves more than 50%, as applicable, on a given trading day in a direction adverse to the Fund, the Fund's investors would lose all of their money.
Investing in the Funds involves a high degree of risk. As with any investment, there is a risk that you could lose all or a portion of your investment in the Funds.
An investor should carefully consider a Fund's investment objective, risks, charges, and expenses before investing. A Fund's prospectus and summary prospectus contain this and other information about the REX Shares. To obtain a Fund's prospectus and summary prospectus call 844-802-4004. A Fund's prospectus and summary prospectus should be read carefully before investing.
Effects of Compounding and Market Volatility Risk. The Fund has a daily leveraged investment objective and the Fund's performance for periods greater than a trading day will be the result of each day's returns compounded over the period, which is very likely to differ from the Fund performance, before fees and expenses.
Leverage Risk. The Fund obtains investment exposure in excess of its net assets by utilizing leverage and may lose more money in market conditions that are adverse to its investment objective than a fund that does not utilize leverage.
Derivative Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. Investing in derivatives may be considered aggressive and may expose the Fund to greater risks, and may result in larger losses or small gains, than investing directly in the reference assets underlying those derivatives, which may prevent the Fund from achieving its investment objective.
New Fund Risk. As of the date of this prospectus, the Fund has no operating history and currently has fewer assets than larger funds. Like other new funds, large inflows and outflows may impact the Fund's market exposure for limited periods of time.
Distributor: Foreside Fund Services, LLC, member FINRA, not affiliated with REX Shares or the Funds' investment advisor.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260529941513/en/
For media inquiries, please contact:
Gregory for REX
rexfin@gregoryagency.com
Matthew Tuttle for Tuttle Capital
mtuttle@tuttlecap.com