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REX Shares Launches T-REX 2X PURR (KATT) ETF

PURR
  • REX Shares & Tuttle Capital Management launched the T-REX 2X Long PURR Daily Target ETF (Cboe: KATT) to provide 2x daily long exposure to Hyperliquid Strategies Inc. (NASDAQ: PURR).
  • KATT aims to deliver 200% of PURR's daily performance for traders seeking exposure to a digital asset treasury company focused on accumulating HYPE tokens.
  • Hyperliquid Strategies Inc. went public in December 2025 via a business combination with Sonnet BioTherapeutics & Rorschach I LLC, starting with 12.6 million HYPE tokens & ~$305 million in cash.
  • PURR operates as a network validator for the Hyperliquid Layer-1 blockchain, making it one of the largest publicly traded participants in the ecosystem.
  • The launch expands the T-REX suite to over 40 leveraged & inverse single-stock ETFs, following previous launches for Robinhood, Nvidia, & Tesla.
  • The Fund is designed strictly for sophisticated investors who understand leverage risks, intend to actively monitor portfolios daily, & accept the possibility of losing the full principal value.
  • Due to daily rebalancing & compounding effects, the Fund's performance over periods longer than one day may significantly differ from 200% of the underlying stock's performance.
  • Key risks include fixed income, volatility, leverage, derivatives, swap agreements, rebalancing, counterparty, liquidity, non-diversification, & new fund risks.
  • Investors could lose all invested money if PURR declines by more than 50% in a single trading day.
  • Full fund information, holdings, & risk disclosures are available at rexshares.com.