REX Shares and Tuttle Capital Management recently introduced two new exchange-traded funds (ETFs) on July 10, catering to high-conviction Bitcoin traders seeking to amplify their positions with 200% exposure to Bitcoin's price fluctuations. The T-REX 2X Long Bitcoin Daily Target ETF and the T-REX 2X Inverse Bitcoin Daily Target ETF utilize financial derivatives to provide leveraged or inverse exposure to Bitcoin without directly holding spot BTC. These ETFs are part of REX Shares' suite of products, which have attracted over $5 billion in assets under management. However, leveraged ETFs, including these new offerings, often underperform due to factors like the constant leverage trap and high management fees. While the new ETFs charge a management fee of 0.95%, traditional spot BTC ETFs typically charge around 0.2%. Despite the popularity of Bitcoin ETFs, investors should be cautious of the potential drawbacks associated with leveraged products. Read more AI-generated news on: https://app.chaingpt.org/news