REX Shares Launches Crypto Income ETF Powered by BITA Index
FRANKFURT and MIAMI, December 4, 2024 – BITA, a leading global index provider, and REX Shares, a premier provider of alternative-strategy ETFs and ETNs, today announced a collaboration with the launch of the new REX Crypto Equity Premium Income ETF (CEPI), powered by the BITA Crypto Assets and Digital Payments Index. This ETF aims to provide investors with a unique opportunity to capitalize on the transformative power of blockchain technology and digital innovation coupled with income generation.
The crypto-related industry is poised for significant growth driven by increasing adoption of blockchain technology and digital payment solutions. With advancements in cryptocurrency mining, trading infrastructure, and custody solutions, the sector is becoming more institutionalized and accessible. Regulatory clarity in key markets will play a critical role in shaping its trajectory, with growing acceptance by governments and enterprises likely to drive mainstream integration and long-term resilience in the broader digital economy.
The BITA Crypto Assets and Digital Payments Index tracks the performance of 25 companies involved in crypto-related activities, including cryptocurrency mining, trading, custody, blockchain technology development, and digital payment solutions. This provides investors with exposure to firms driving the future of finance and the broader digital economy.
Scott Acheychek, COO at REX Shares, said:
"We are excited to announce the latest addition to the REX Shares Covered Call suite, CEPI. CEPI is our Crypto Equity Premium Income ETF that features exposure to the crypto sector and the potential for monthly income generation. With CEPI, investors get unique access to companies engaged in cryptocurrency mining, development, and digital payments."
Victor Hugo Gomez, CEO at BITA, said:
“We’re excited to partner with REX Shares on the successful launch of the CEPI ETF. The BITA Crypto Assets and Digital Payments Index was designed to provide targeted exposure to companies within the crypto ecosystem while maximizing the income that can be extracted from adding option overlays to the index. REX Shares is known for its innovative offering, and we look forward to supporting them as they bring more unique products to market.”
The launch of the CEPI ETF reflects REX Shares’ commitment to offering practical, innovative options for today’s investors and traders. To learn more about this fund, visit: https://www.rexshares.com/CEPI/
About REX Shares
REX Shares is an innovative ETF provider that specializes in alternative-strategy ETFs and ETNs. The firm created the MicroSectors™ and co-created the T-REX product lines of leveraged and inverse tools for traders and recently launched the first of a series of option-based income strategies. The firm is rooted in decades of experience building inventive solutions that solve a wide range of challenges in investor and trader portfolios. For more information, visit www.rexshares.com
About BITA
BITA is a leading technology-enabled Fintech, focused on the provision of investment customization technology, indexes, and indexing solutions to asset & wealth managers, registered investment advisors and other financial institutions across multiple markets. From traditional passive investing to direct indexing, BITA’s infrastructure has been designed to support investment customization at scale. For more information, visit www.bita.io/
BITACore is BITA’s cloud-based index development and investment customization platform. BITACore is available both in a web-based version as well as APIs, and can support a variety of applications, from traditional institutional indexing to direct indexing. For more information, visit www.bita.io/products
SOURCE BITA Gmbh
Maria Gkili, BITA, mg@bita.io; Scott Mckenna, REX Shares, SMckenna@rexfin.com
Disclaimer
The information in this document does not constitute tax, legal or investment advice and is not intended as a recommendation for buying or selling securities. BITA and all other companies mentioned in this document are not responsible for the consequences of reliance upon any opinion or statement contained herein or for any omission.