Catenaa, Saturday, November 08, 2025-REX Shares unveiled a new exchange-traded fund Friday designed to convert price swings into weekly income for highly volatile stocks, including crypto-focused companies.
The REX IncomeMax Option Strategy ETF, trading under the ticker ULTI, employs a hedge-fund style strategy using option premium income. The fund currently holds $230,000 in shares of crypto mining firm Core Scientific, crypto exchange Gemini, and blockchain lender Figure.
It manages a mix of put and call positions while actively buying and selling securities to mitigate downside risk during extreme market swings.
ULTI is expected to adjust its holdings weekly, with exposure to up to 30 publicly traded firms at any given time. REX said the fund’s income-focused approach may lead to periods without any crypto exposure, reflecting the broader volatility-driven strategy rather than a specific sector bet.
REX founder and CEO Greg King described the ETF as an evolution of the company’s prior products, emphasizing its active management and high-income potential tied to market volatility.
The product complements the firm’s earlier crypto-linked offerings, including ETFs on XRP and Dogecoin, while remaining distinct from index-based funds such as the Crypto Equity Premium Income ETF, which tracks 25 US companies engaged in crypto activities.
The launch highlights growing investor demand for instruments that convert crypto market volatility into regular cash flow, while offering indirect exposure to emerging blockchain companies without direct ownership of digital assets.
