REX Shares Launches T-REX 2X TE (TEUP) ETF
REX Shares ("REX") and Tuttle Capital Management ("TCM") today announce the launch of the T-REX 2X Long TE Daily Target ETF (Cboe: TEUP), a leveraged ETF providing 2x daily long exposure to T1 Energy Inc. (NYSE: TE).
TEUP is designed to deliver 200% of TE's daily performance, giving traders a tool to engage with a company building the United States’ clean energy future. T1 Energy is an energy solutions provider developing an integrated U.S. supply chain for solar and batteries. As one of the leading solar manufacturing companies in the U.S., the company operates G1_Dallas, a 5GW solar module manufacturing facility, and is set to open a second manufacturing site, G2_Austin, in late 2026.
"Traders want precision tools to act on the themes shaping today's market," said Scott Acheychek, COO of REX. "TEUP gives them 2x daily exposure to T1 Energy, a company at the center of the U.S.’s clean energy buildout, combining solar manufacturing scale with a battery storage strategy at a time when U.S. energy infrastructure is front and center."
"T1 Energy is exactly the kind of single-stock story T-REX was built for," added Matt Tuttle, CEO and CIO of Tuttle Capital Management. "TEUP is designed to give traders a 2x daily long tool to act on conviction in TE as the company advances its mission to build a homegrown U.S. solar and storage supply chain."
