Cipher Mining Expands: New 2x ETF Allows Traders to Increase Investment in Bitcoin Mining
New ETF Launch: REX Shares and Tuttle Capital Management have introduced the T-REX 2X Long CIFR Daily Target ETF (CIFU), designed to provide double the daily performance of Cipher Mining Inc (CIFR), a prominent U.S. Bitcoin miner.
Focus on Bitcoin Mining: The ETF targets active traders seeking amplified exposure to the Bitcoin ecosystem, emphasizing the hardware and energy aspects of mining rather than the cryptocurrency itself.
Cipher Mining's Growth: Cipher Mining is gaining traction as a leading institutional-grade Bitcoin miner, leveraging renewable energy contracts to enhance profitability amid increasing competition in the mining sector.
Strategic Fit in T-REX Series: The CIFU ETF aligns with T-REX's strategy of offering leveraged investments in transformative sectors, including digital assets and advanced computing, catering to high-conviction trading strategies.
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