Solana Latest Updates: REX Launches Volatility-Focused ETF, Bringing Hedge Fund Earnings Strategies to Investors

REX Shares, recognized as a pioneer in the alternative ETF space, has introduced the REX IncomeMax Option Strategy ETF (ticker: ULTI). This actively managed fund is crafted to harness market volatility and turn it into weekly income, according to

. The ETF focuses on highly volatile U.S. stocks, including companies connected to the crypto sector such as Core Scientific, Gemini, and Figure, utilizing options-based tactics to earn premium income, as highlighted by . Through ongoing adjustments of its put and call positions, seeks to manage both risk and reward in unpredictable markets, according to .

The fund generally invests in a portfolio of 20 to 30 high-volatility stocks, currently holding $230,000 in crypto-related equities. Its approach includes rebalancing the portfolio each week to reduce downside exposure while taking advantage of price fluctuations, as reported by

. Greg King, CEO of REX Shares, pointed out that ULTI was created in response to investor interest in hedge-fund-like income strategies during volatile periods. "We've developed a superior method to achieve that objective," he said, emphasizing the fund's aim to turn volatility into "consistent, frequent income."

This new offering fits into REX's broader push for innovation in crypto and alternative investments. The company previously rolled out the REX-Osprey Staked Solana ETF (SSK), which was the first Solana ETF in the U.S. to provide on-chain staking rewards, as well as a Dogecoin-focused ETF in partnership with Osprey Funds, per Morningstar. Unlike these earlier products, ULTI is centered on generating income rather than direct crypto exposure, though its investments in mining and exchange companies highlight the ongoing influence of the sector, as Coinotag notes.

It is important to note that the fund's active management brings additional risks. REX cautions that options strategies may not always align perfectly with the underlying assets, can face liquidity challenges, and may incur losses if market moves surpass protective measures, as stated in

. The company warns that ULTI is not appropriate for every investor, as it requires a higher level of expertise to manage its complexities. Although the fund has yet to make its initial distribution, other REX funds have paid out 10 distributions since January 2025, according to Coinotag.

The debut of ULTI coincides with significant developments in the crypto market.

recently disclosed profits exceeding $10 billion so far this year and $6.8 billion in surplus reserves, as reported by . At the same time, Deleion Capital has introduced a new SOL quantitative investment platform, as announced in , reflecting the growing interest from institutional investors in crypto strategies.

Now trading on Nasdaq, ULTI adds to the expanding toolkit for investors seeking income in turbulent markets. Its future performance will depend on its ability to manage volatility while providing steady returns—a challenge that Morningstar believes the fund is well-equipped to handle.