On July 10, REX Shares and Tuttle Capital Management launched two new exchange-traded funds (ETFs) offering traders the opportunity to double their long or short positions with 200% exposure to Bitcoin (BTC) price volatility. 📈 The funds do not hold BTC, but rather use financial derivatives to provide 2x leverage or inverse exposure to BTC. However, according to a report from GSR Markets, leveraged ETFs typically underperform the underlying asset and other strategies to gain leveraged exposure to asset prices.