If you think betting on Bitcoin miners is exciting, here's a way to make it twice as exciting—or twice as painful, depending on how things go. REX Shares and Tuttle Capital Management just rolled out the T-REX 2X Long CIFR Daily Target ETF CIFU (CIFU), designed to deliver double the daily performance of Cipher Mining Inc. (CIFR), one of the faster-growing names in U.S. Bitcoin mining.
This is the latest addition to a growing collection of tactical trading tools built around volatile names in digital assets and emerging infrastructure. The target? Active traders who want magnified exposure to the picks-and-shovels side of Bitcoin—not the cryptocurrency itself, but the hardware and energy economics that keep the whole operation running.
Why Cipher Mining?
Cipher Mining has carved out a niche as an institutional-grade Bitcoin miner, and its shares have become a favorite among traders navigating the competitive world of hash-rate battles and post-halving profitability challenges. The company runs large-scale data centers powered by long-term renewable energy contracts, which matters more than ever as miners scramble to keep costs down and efficiency up.
In other words, Cipher isn't just mining Bitcoin—it's doing it in a way that's designed to survive when things get tough. That's caught the attention of investors who see the infrastructure behind crypto as a potentially safer bet than the wild price swings of the tokens themselves.
Leveraged Exposure to Bitcoin's Backbone
REX CEO Greg King framed the launch as giving traders highly targeted tools for expressing high-conviction views. He highlighted how Cipher is emerging as a pivotal name in the digital-asset supply chain—the upstream side of the Bitcoin ecosystem where energy, hardware, and economics converge.
The ETF fits neatly into the T-REX series' broader focus on companies riding transformative themes like AI, digital assets, and advanced computing infrastructure. The suite has built a reputation for offering leveraged plays on some of the market's most heavily-traded innovation stocks, including Tesla Inc. (TSLA), NVIDIA Corp (NVDA), Strategy Inc (MSTR), and other Bitcoin-linked equities.
Matt Tuttle, CEO of Tuttle Capital Management, described CIFU as advancing the firm's push to deliver "first-to-market, high-impact exposures," calling Cipher's growth trajectory a logical fit for this kind of product.
Of course, leveraged ETFs aren't for everyone. They're designed for daily trading, not buy-and-hold strategies, and they amplify losses just as enthusiastically as they amplify gains. But for traders who want to make a big, tactical bet on the infrastructure powering Bitcoin mining, this is now one way to do it—with double the upside and double the risk.