T-REX 2X Long ASTS Daily Target ETF

T-REX 2X Long ASTS Daily Target ETF is a leveraged exchange-traded fund designed to deliver 200% of the daily performance of AST SpaceMobile, Inc. The fund uses derivatives such as swap agreements and may also use call options or direct stock exposure to maintain its target, making it a specialized tool for expressing a short-term bullish view on ASTS. It is a non-diversified ETF focused on a single underlying equity, so its performance is closely tied to the daily price movement of AST SpaceMobile’s common stock. ASUP is used by market participants seeking amplified exposure to a satellite connectivity company involved in developing space-based cellular broadband services. The ETF is part of the T-REX leveraged product lineup and is structured for active trading rather than long-term holding.