REX Shares has submitted the application documents for TRON related leveraged ETFs to the US SEC

According to The Block, REX Shares has submitted its application for the "T-REX 2X Long TRON Daily Target ETF" to the US SEC. The document states that the fund aims to achieve daily leveraged investment returns, which is significantly different from other ETFs. The document states: 'Therefore, the risk of this fund may be higher than similar products that do not adopt leverage strategies, as its goal is to amplify (200%) TRON's daily performance.'. ”The document also mentions that "the fund will utilize a total return swap agreement to gain exposure to exchange traded funds or other exchange traded products investing in spot or derivatives (such as swaps or futures contracts)." The initiator of the fund is REX Shares, LLC, and no custodian institution has been listed yet.