The T-REX 2X Long XRP Daily Target ETF and T-REX 2X Long SOL Daily Target ETF debuted on Tuesday, offering 200% leveraged exposure to XRP and Solana’s daily performance. These funds from REX Shares and Tuttle Capital Management allow traders to amplify short-term price swings in a traditional brokerage account, amid rising prices for both assets.
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XRP surged 8.6% to $2.17, while Solana climbed 12% to $139.56 on Tuesday.
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These leveraged ETFs use derivatives to provide twice the daily return of the underlying cryptocurrencies.
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Year-to-date inflows reached $2.9 billion for XRP products and $3.4 billion for Solana, per CoinShares data.
Explore the launch of leveraged XRP and Solana ETFs amid price surges. Gain insights into 200% exposure options for crypto traders in 2025. Stay ahead with expert analysis on these new funds.
What Are the New Leveraged ETFs for XRP and Solana?
Leveraged XRP and Solana ETFs from REX Shares and Tuttle Capital Management, including the T-REX 2X Long XRP Daily Target ETF and T-REX 2X Long SOL Daily Target ETF, launched on the CBOE exchange on Tuesday. These funds aim to deliver 200% of the daily performance of XRP and Solana, respectively, using financial derivatives rather than holding the assets directly. This structure provides traders with amplified returns on short-term movements, accessible through standard brokerage accounts without needing direct crypto ownership.
How Do These Leveraged ETFs Work and What Are Their Benefits?
Leveraged ETFs like the T-REX 2X Long XRP Daily Target ETF and T-REX 2X Long SOL Daily Target ETF employ derivatives such as futures and swaps to achieve twice the daily return of their target assets. Unlike spot ETFs that hold the actual cryptocurrency, these funds magnify gains or losses based on daily price changes, making them suitable for active traders seeking to capitalize on volatility. According to data from CoinGecko, XRP traded at around $2.17 after an 8.6% daily increase, while Solana reached $139.56 with a 12% rise, highlighting the potential for heightened exposure in a recovering market.
REX CEO Greg King emphasized the accessibility, stating, “By expanding access to leveraged crypto assets through the ETF wrapper, we’re giving traders and investors new ways to act on their conviction.” Similarly, Tuttle CEO Matt Tuttle noted that these products allow capitalization on short-term price swings within familiar traditional settings. With 33 similar leveraged crypto products now available from REX and Tuttle, including those tracking related firms, investors have more options amid regulatory progress following last year’s U.S. presidential election.
These ETFs join a competitive landscape where Volatility Shares and ProShares also offer leveraged exposure to XRP and Solana. Recent launches, such as Canary Capital’s spot XRP ETF that drew $58 million in first-day volume last month—outpacing the Bitwise Solana Staking ETF’s debut—underscore growing institutional interest. CoinShares reports that XRP investment products saw $289 million in inflows last week alone, compared to $4.4 million for Solana, with year-to-date totals at $2.9 billion and $3.4 billion, respectively.
Frequently Asked Questions
What Is the Difference Between Spot and Leveraged XRP and Solana ETFs?
Spot ETFs for XRP and Solana hold the actual cryptocurrencies to mirror their market prices, offering straightforward exposure with potential staking rewards in some cases. Leveraged versions, like the T-REX 2X funds, use derivatives to provide 200% daily returns, amplifying volatility for short-term trading but introducing higher risk over extended periods due to compounding effects.
Are Leveraged XRP and Solana ETFs Suitable for Long-Term Investors?
Leveraged ETFs are designed for daily trading and short-term strategies, not long-term holding, as daily resets can erode value during sideways markets. For sustained exposure, spot ETFs or direct crypto purchases may be better, allowing investors to benefit from overall market growth without the daily magnification of fluctuations.
Key Takeaways
- Price Recovery: XRP and Solana rebounded significantly on Tuesday, with gains of 8.6% and 12%, respectively, after recent market pressures tied to Bitcoin’s pullback.
- New Product Launch: The debut of 2X leveraged ETFs expands trading options, leveraging derivatives for enhanced daily performance in a regulated format.
- Institutional Momentum: Strong inflows into XRP and Solana products signal continued investor confidence, potentially boosted by evolving U.S. regulations.
Conclusion
The introduction of leveraged XRP and Solana ETFs marks a pivotal expansion in cryptocurrency investment vehicles, providing amplified exposure to these high-performing assets amid their recent price surges. With substantial inflows and expert endorsements highlighting accessibility and strategic trading potential, these funds reflect broader market maturation. As regulatory landscapes continue to evolve, investors should monitor volatility and consult financial advisors to align these opportunities with their risk tolerance and goals.
