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REX Launches Two New T-REX ETFs for NuScale and CoreWeave with 2x Daily Exposure
ByAinvest
Friday, Jul 25, 2025 8:05 am ET1min read
REX Shares launches two new leveraged ETFs, T-REX 2X Long SMR Daily Target ETF (CBOE: SMUP) and T-REX 2X Long CRWV Daily Target ETF (CBOE: CRWU), offering 2x daily exposure to NuScale Power Corporation and CoreWeave. These ETFs expand REX's T-REX lineup, designed for active investors seeking high-conviction, short-term views on companies shaping the future of energy and AI infrastructure.
REX Shares has expanded its suite of T-REX ETFs with the launch of two new leveraged funds: the T-REX 2X Long SMR Daily Target ETF (CBOE: SMUP) and the T-REX 2X Long CRWV Daily Target ETF (CBOE: CRWU). These ETFs offer traders 2x daily exposure to NuScale Power Corporation (SMR) and CoreWeave (CRWV), respectively. The new funds are designed for active investors seeking high-conviction, short-term views on companies shaping the future of energy and AI infrastructure [2].The T-REX 2X Long SMR Daily Target ETF (SMUP) provides 200% of the daily performance of NuScale Power, a pioneer in small modular nuclear reactor technology. NuScale has gained significant attention due to its regulatory head start and federal backing, with its stock experiencing substantial volatility and a 32% gain in the past month [1].
The T-REX 2X Long CRWV Daily Target ETF (CRWU) offers 200% of the daily performance of CoreWeave, a key player in the AI and GPU cloud infrastructure space. CoreWeave's involvement in AI data centers, which are increasingly seeking clean and reliable electricity, positions the company as a crucial player in the intersection of AI and nuclear energy [2].
Both funds are now listed and trading on the CBOE, providing active investors with a way to take amplified views on companies at the center of AI infrastructure and nuclear energy innovation. "With the launch of these ETFs, we’re offering traders a way to take amplified views on companies at the center of AI infrastructure and nuclear energy innovation," said Scott Acheychek, COO of REX [2].
References:
[1] https://www.morningstar.com/news/marketwatch/2025072564/this-nuclear-power-company-could-dominate-ai-data-centers-like-nvidia-does-with-chips
[2] https://www.businesswire.com/news/home/20250725197599/en/REX-Shares-Launches-T-REX-2X-Single-Stock-ETFs-on-CRWV-and-SMR
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