REX IncomeMax ETF Taps Volatile Crypto Firms to Turn Price Swings Into Weekly Income

REX Shares has launched the REX IncomeMax Option Strategy ETF, aimed at converting volatility in the market into weekly income. This ETF employs a hedge-fund style strategy focused on generating cash flow through option premium income, and will provide exposure to around 30 publicly traded firms, including notable crypto companies like Core Scientific and Gemini. The ETF, trading under the ticker symbol 'ULTI', utilizes a mix of put and call positions, offering a dynamic composition that may shift weekly. This strategy aims to deliver income amidst market fluctuations. The ETF is designed to focus more on income for investors rather than specific sectors, and while its composition might sometimes lack direct exposure to the crypto market, it reflects REX's ongoing commitment to creating innovative financial products linked to the evolving crypto industry. The first distribution from the ETF has yet to be issued, as it continues to build its investment strategy.

Source 🔗