T-Rex, an asset manager founded by Benjamin Cohen in 2012, has introduced a new Bitcoin (CRYPTO:BTC) ETF in the US, competing with ProShares and VolShares.

The T-Rex Bitcoin ETF offers 2x leveraged exposure to Bitcoin's daily performance, aiming for 200% of Bitcoin’s daily price movements.

T-Rex partnered with REX Shares and Tuttle Capital Management to launch the T-REX 2X Long Bitcoin Daily Target ETF (BTCL) and the T-REX 2X Inverse Bitcoin Daily Target ETF (BTCZ).

This move provides traders with tools to leverage Bitcoin's price volatility, highlighted by recent significant market inflows and Bitcoin's price recovery above $57,760.

The introduction of these ETFs showcases T-Rex's commitment to innovation and catering to modern investor needs.