REX Shares has launched the REX Growth & Income Universe ETF (GIF), a single fund combining nine existing ETFs for diversified exposure. The fund includes crypto-linked assets and uses a covered call strategy to generate weekly income, representing a shift toward risk-managed, multi-sector investing compared to traditional single-asset cryptocurrency ETFs.
REX Shares has introduced a new fund that bundles diversified exposure with a structured income strategy. The REX Growth & Income Universe ETF (GIF) combines nine of the firm’s ETFs into one vehicle.
This approach spreads risk across tech, retail, healthcare, and crypto-related sectors. It is structurally broader than traditional Bitcoin or Ethereum ETFs, which track a single asset class.
Three underlying ETFs provide direct crypto exposure: MSII, COII (Coinbase), and HOII (Robinhood). Each targets 1.25x exposure to its stock and uses covered calls on roughly half its holdings for weekly income.
The rest of each holding remains invested to capture potential stock price appreciation. “Recent cycles have seen halving returns shrink amid heavier ETF flows,” raising a question about this strategy.
The model leans toward engineered yield over pure crypto beta, reflecting cooling momentum in traditional ETFs. For instance, traditional ETFs like BlackRock’s iShares Bitcoin Trust (IBIT) maintain 1x exposure and rely on price appreciation.
IBIT has seen significant outflows in risk-off markets, amplifying downside pressure with two consecutive negative quarters. The fund has declined by nearly 50%, highlighting the volatility of single-asset exposure.
REX Shares’ structure focuses on diversification and income generation rather than relying solely on price movements. This makes it better aligned to the current post-halving market reality.
