REX Shares Launches Two New T-REX 2X Single-Stock ETFs on BULL and DKNG

July 31, 2025 at 08:00 AM EDT

BULU and DKUP are the First ETFs in the U.S. to Offer 2x Daily Exposure to Webull and DraftKings

REX Shares is pleased to announce the launch of two new leveraged ETFs: the T-REX 2X Long BULL Daily Target ETF (CBOE: BULU) and the T-REX 2X Long DKNG Daily Target ETF (CBOE: DKUP).

These ETFs are the first and only in the U.S. to offer 200% leveraged exposure to:

Webull (BULL) - a commission-free trading platform popular among next-gen retail investors and a symbol of fintech-driven market participation.
DraftKings Inc. (DKNG) - a leader in digital sports betting and iGaming innovation.

Both funds are now listed and trading on the CBOE.

Each fund is designed to deliver 200% of the daily performance of its respective underlying stock: DraftKings Inc. (DKNG) and Webull Corp. (BULL).

“With the launch of DKUP and BULU, we’re offering traders a way to take amplified views on companies at the center of sports betting and retail-driven trading,” said Scott Acheychek, COO of REX. “These launches further solidify T-REX as the go-to toolkit for high-conviction traders.”

Matt Tuttle, CEO of Tuttle Capital Management, added, “We continue to see strong demand from traders seeking tactical exposure to individual names. These 2x ETFs allow them to express their convictions with precision and speed, across multiple sectors driving the modern economy.”

This launch expands the T-REX ETF suite, which now includes over 20 leveraged and inverse single-stock ETFs providing 2x and -2x exposure to names like Tesla, NVIDIA, MicroStrategy, and spot crypto with Bitcoin and Ether.

For full fund information, holdings, and risk disclosures, visit www.rexshares.com/trex.

About REX

REX is an innovative provider of exchange-traded products specializing in alternative-strategy ETFs and ETNs, with over $7 billion in assets under management. REX is renowned for its MicroSectors™ and T-REX product lines and recently introduced a series of option-based income strategies. For more information, 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. For details, visit tuttlecap.com.

Investors should consider the investment objectives, risk, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the T-REX ETFs please call 1-844-802-4004 or visit our website at rexshares.com. Read the prospectus and summary prospectus carefully before investing.

There is no guarantee that the Funds will achieve their investment objectives. Investing involves risk, including possible loss of principal.

Important Risks

Investing in a REX Shares ETF may be more volatile than investing in broadly diversified funds. The use of leverage by a Fund increases the risk to the Fund. The REX Shares ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged, or daily inverse leveraged, investment results and intend to actively monitor and manage their investment.

An investment in the Fund entails risk. The Fund may not achieve its leveraged investment objective and there is a risk that you could lose all of your money invested in the Fund. The Fund is not a complete investment program. In addition, the Fund presents risks not traditionally associated with other mutual funds and ETFs. It is important that investors closely review all of the risks listed below and understand them before making an investment in the Fund.

Distributor: Foreside Fund Services, LLC, member FINRA, not affiliated with REX Shares or the Funds’ investment advisor.