REX launches GIF income ETF bundling nine covered-call strategies on Coinbase, Strategy and tech stocks

US asset manager REX Shares has launched the GIF ETF, which packages nine single-stock Growth & Income strategies tied to names including Coinbase and MicroStrategy into one income-focused fund trading on Cboe. The ETF targets about 1.25x exposure to each underlying stock while generating weekly distributions from covered call option premiums.