๐ Big news in the crypto world! REX Financial has unveiled a new ETF aimed at generating income by writing options against crypto stocks. This ETF, dubbed the REX Crypto Equity Premium Income ETF, uses a "covered call" strategy to earn from options premiums. It holds 25 crypto stocks from the BITA Crypto Assets & Digital Payments Index, featuring companies in mining, trading, and blockchain tech. ๐
With the BITA index up over 80% this year, REX's CEO Greg King is excited about applying this strategy to the sector's most disruptive players. What do you think about this innovative approach? Share your thoughts below!