T-REX 2X Inverse CRCL Daily Target ETF rStock

RCRCD

This fund, issued by T-Rex, is a single-stock two times leveraged inverse exchange-traded fund linked to the parent or publicly traded entity related to fintech firm Circle (CRCL, associated with Circle, the issuer of the USDC stablecoin). The fund utilizes derivatives to provide daily returns corresponding to negative two times (-2x) the daily performance of the underlying stock. As Circle is a core company in the crypto-economy and regulated payment infrastructure, its related assets are highly volatile. This product is designed for aggressive traders seeking intraday bearish exposure; if held long-term, its daily reset mechanism can lead to severe leverage decay.