REX Shares Files for Leveraged TRON ETF with US SEC

REX Shares has filed an application with the US SEC to launch the T-REX 2X Long TRON Daily Target ETF. The application was revealed by The Block on July 11, 2025.

This ETF aims to provide investors with amplified 200% returns based on TRON’s daily performance, leveraging total return swaps.

REX Shares Targets 200% Leveraged Returns on TRON

REX Shares, in partnership with Tuttle Capital Management, aims to introduce a leveraged ETF to focus on TRON. This new financial instrument intends to offer 200% leverage of TRON’s daily returns through total return swaps and exchanges. The objective is to provide sophisticated traders with enhanced exposure to TRON without direct holding, relying on swaps and derivatives for exposure. Including notable precedents include similar leveraged ETFs by REX Shares, such as those for Bitcoin and equities like Tesla. High volatility and potential rapid loss have been observed with previous leveraged ETFs, requiring investor caution. According to REXShares, “T-REX ETFs have consistently pioneered first-to-market offerings that provide target 2x or -2x leveraged exposure to the daily price movements of leading names…”

The market reaction has been muted, with no official comments from major figures or organizations. The SEC has neither approved nor denied the filing, maintaining its silence on the application. No discussions or strong sentiment from the TRON community have surfaced, possibly due to the early stages of the filing process.

According to CoinMarketCap, TRON is currently valued at $0.29, with a market cap of $27,844,217,027. It commands a market dominance of 0.77%. The 24-hour trading volume has surged by 29.87%, reaching $545,759,389. In recent periods, TRON experienced price shifts: 1.34% in 24 hours, 2.38% in a week, and 20.89% over 90 days. The circulating supply is over 94,767,027,632, and its max supply remains undetermined. Price movement indicates a recent upward trend, aligning with market interest in events like the ETF filing. Coincu research suggests that the proposed ETF could attract more sophisticated trading in TRON derivatives, potentially influencing price stability due to increased speculative trading. Regulatory scrutiny may intensify, necessitating detailed risk assessments by investors if approval is eventually granted. Meanwhile, REX Shares maintains an active presence on platforms like REXShares Twitter Account to engage with its audience.

TRON’s Market Influence: Historical Insights and Price Movement

Did you know? In a similar past ETF filing for Bitcoin, market volatility spiked for a short period as traders adjusted their positions, showing that new ETF launches can sometimes lead to short-lived pressures on crypto prices, depending on investor sentiment and volume.

According to CoinMarketCap, TRON is currently valued at $0.29, with a market cap of $27,844,217,027. It commands a market dominance of 0.77%. The 24-hour trading volume has surged by 29.87%, reaching $545,759,389. In recent periods, TRON experienced price shifts: 1.34% in 24 hours, 2.38% in a week, and 20.89% over 90 days. The circulating supply is over 94,767,027,632, and its max supply remains undetermined.

Price movement indicates a recent upward trend, aligning with market interest in events like the ETF filing. Regulatory scrutiny may intensify, necessitating detailed risk assessments by investors if approval is eventually granted.