Latest news with #MattTuttle
Business Wire
08-08-2025
- Business
- Business Wire
REX Shares and Tuttle Capital Management Launch T-REX 2X Long GLXY Daily Target ETF (CBOE: GLXU)
MIAMI--(BUSINESS WIRE)--REX Shares ("REX"), in partnership with Tuttle Capital Management ("TCM"), is pleased to announce the launch of the T-REX 2X Long Galaxy Digital Daily Target ETF (CBOE: GLXU). GLXU marks the first 2x leveraged ETF offering exposure to Galaxy Digital Holdings Ltd. (GLXY) in the United States - a diversified financial services platform in crypto finance, with core businesses in asset management, trading, and investment banking. The debut of GLXU continues the expansion of the T-REX lineup, a suite of single-stock ETFs built for active traders seeking short-term, amplified exposure to companies driving the future of sectors like AI, blockchain, and energy. '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 Scott Acheychek, COO of REX Financial. 'This expansion of the T-REX lineup underscores our commitment to building precision tools for active 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.' The T-REX ETF suite currently includes more than 20 leveraged and inverse ETFs providing 2x and -2x daily exposure to major names like Tesla, NVIDIA, Strategy, and spot digital assets like Bitcoin and Ether. For full fund details, holdings, and risk disclosures, visit 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 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 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 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. Leverage Risk. The Funds obtain 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. An investment in these Funds is exposed to the risk that a decline in the daily performance of the underlying stock will be magnified. This means that an investment in the Fund will be reduced by an amount equal to 2% for every 1% daily decline in the underlying, not including the costs of financing leverage and other operating expenses, which would further reduce its value. Distributor: Foreside Fund Services, LLC, member FINRA, not affiliated with REX Shares or the Funds' investment advisor.
Business Wire
25-07-2025
- Business
- Business Wire
REX Shares Launches Two New T-REX 2X Single-Stock ETFs on CRWV and SMR
NEW YORK--(BUSINESS WIRE)--REX Shares is pleased to announce the launch of two new leveraged ETFs: the T-REX 2X Long SMR Daily Target ETF (CBOE: SMUP) and the T-REX 2X Long CRWV Daily Target ETF (CBOE: CRWU). These ETFs offer traders 2x daily exposure to: NuScale Power Corporation (SMR) — a pioneer in small modular nuclear reactor technology CoreWeave (CRWV) — a key player in the AI and GPU cloud infrastructure space The launch of SMUP and CRWU expands REX's growing suite of T-REX ETFs, designed for active investors looking to express high-conviction, short-term views on companies shaping the future of energy and AI infrastructure. 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: CoreWeave (CRWV) and NuScale Power (SMR). 'With the launch of these ETFs, we're offering traders a way to take amplified views on companies at the center of AI infrastructure and nuclear energy innovation,' said Scott Acheychek, COO of REX. 'This expansion of the T-REX lineup underscores our commitment to building precision tools for active 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.' These launches expand 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, Strategy, Coinbase, and spot crypto with Bitcoin and Ether. For full fund information, holdings, and risk disclosures, visit 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 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 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 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.
Forbes
09-06-2025
- Entertainment
- Forbes
Echoes Of The Unread Is A New NES Platformer Hitting The Right Notes
Echoes of the Unread Hobbyist game designers and retro tinkerers have been making homebrew retro games for vintage game consoles forever, that's not new. But nowadays, it seems like just about every day a new retro game is revealed to be in development that actually looks fantastic and like it could have been a bestseller in the 80s or 90s since it runs on actual hardware. That's the case here with Echoes of the Unread, an innovative indie NES platformer currently in development. The game is currently live on Kickstarter via Mega Cat Studios with just over a week to go as of the time of this writing, but it was already fully-funded in its opening 24-hours on the platform. To learn more about the game and its origins, check out the dev diary series from creator Matt Tuttle below: I tried out the demo of the NES game for myself and came away very impressed. I'm a sucker for charming, original takes on retro platforming and Echoes of the Unread has tons of personality and charm. Rather than just asking you to run from left to right, squashing enemies and collecting things along the way, there's a bit more going on here. FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder For starters, it's both a story-driven and music-focused puzzle platformer. The main character, Rhapsody, is a girl who falls asleep while studying at the library and awakes to a world where books burst into life. Singing has magical powers in this world and she must use her talents to find a way back home. She'll have to venture across a variety of worlds featuring themes from westerns and horror, to fantasy and even sci-fi. There's a huge variety on display and the pixel artists really put in a lot of work to make sure you rarely see the same thing twice. Echoes of the Unread The demo I tried (check it out for yourself on the Kickstarter page for free) featured a few levels, but I mostly just explored, enjoyed the music, and appreciated the quality of the pixel art. Every enemy is expertly animated and the soundtrack is immediately catchy in the same way all of the best games from decades ago were for our brains as kids. I'll definitely be keeping my eye on Echoes of the Unread, especially since it's an authentic retro game that runs on original NES hardware.
Yahoo
01-04-2025
- Business
- Yahoo
The Mag 7's Short-Term, Medium-Term Outlooks Are Unfavorable, Investor Warns
The short-term and intermediate-term outlooks for the Mag 7 stocks are negative, Matt Tuttle, the CEO of Tuttle Capital Management, told Schwab Network recently. The Mag 7 consists of Nvidia (NVDA), Tesla (TSLA), Meta (META), Apple (AAPL), Amazon (AMZN), Alphabet (GOOG,GOOGL), and Microsoft (MSFT). Technical and Macro Challenges Of the Mag 7, only Meta is above its 200-day moving average, and usually "nothing good" happens to stocks when they are below that level, Tuttle said. On the macro front, Washington's economic plan, including the upcoming tariffs, is unfavorable for the names, he added. DeepSeek Burst the AI Bubble DeepSeek was the pin that burst the AI bubble that had previously propelled the Mag 7 higher, according to Tuttle. "Until DeepSeek, it was thought that all the capex (spent on AI) would be rewarded. Now we're starting to ask uncomfortable questions about that," the investor stated. Meanwhile, Tesla is being hurt by Elon Musk's foray into politics, Tuttle noted. "The overall backdrop for the Mag 7 will be tough in the short and medium term," he warned. While we acknowledge the potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as META but trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires Disclosure: The author owns shares of AMZN but has no intention of trading them in the next 48 hours. This article is originally published at Insider Monkey.
Bloomberg
28-02-2025
- Business
- Bloomberg
Trump-Media ETF With Double Leverage Is Coming for Day Traders
An exchange-traded fund offering double the returns of the volatile Trump Media & Technology Group Corp. is set to start trading as early as next week, in the first such product riding the volatile social-media company. The T-Rex 2X Long DJT Daily Target ETF, which uses derivatives to deliver two times the daily performance of the stock, is slated for its Wall Street launch under the ticker DJTU, according to Matt Tuttle, who filed for the product. The ETF would carry a 1.05% expense ratio.
