<p>多樣化仍然是投資者策略的核心。</p>
<p>基於此，REX Shares 推出了 REX 增長與收益宇宙 ETF（GIF）。它將其九隻 ETF 合併為一個基金，提供包括與加密貨幣相關資產在內的 “多樣化” 投資敞口。</p>
<p>換句話説，與追蹤單一資產類別的傳統比特幣 [BTC] 或以太坊 [ETH] ETF 不同，GIF 將風險分散到多個股票上，涵蓋科技、零售、醫療保健和與加密相關的行業，形成一種結構上更廣泛的投資方式。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-27-140556.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-27-140556.png"/></p>
<p>來源：Businesswire</p>
<p>從細節來看，九隻基礎 ETF 中有三隻與加密貨幣直接相關——MSII（以其比特幣持有而聞名的策略）、COII（加密貨幣交易所 Coinbase）和 HOII（提供加密交易的 Robinhood）。</p>
<p>從結構上看，每隻 ETF 的目標是實現 1.25 倍的股票敞口，並對大約一半的持倉使用備兑看漲期權以產生每週收入。同時，其餘部分繼續投資，以便在股票價格上漲時獲益。</p>
<p>在實際操作中，REX Shares 試圖將穩定的收入與持續的股票上漲相結合，同時保持多樣化。然而，正如 AMBCrypto 所指出的，這也提出了一個結構性問題。</p>
<p>最近的週期中，減半後的收益在更大的 ETF 流入中縮小。在這樣的環境下，REX Shares 的做法是否反映出向更具風險管理的加密敞口的轉變，還是會進一步限制上漲空間？</p>
<h2>REX Shares 的收入策略應對減半後的現實</h2>
<p>傳統 ETF 與 REX 之間的區別在於結構。</p>
<p>傳統 ETF 通常跟蹤一個指數（如比特幣），保持 1 倍的敞口，並依賴價格上漲來獲得回報。相比之下，REX 的模型通過增加槓桿和備兑看漲期權來產生每週收入。</p>
<p>這有什麼重要性？正如 AMBCrypto 所指出的，這裏轉變變得清晰。REX Shares 傾向於 “工程化收益” 而非純粹的加密 beta，反映出傳統 ETF 中看到的動能減弱。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/IBIT_2026-02-27_14-33-38.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/IBIT_2026-02-27_14-33-38.png"/></p>
<p>來源：TradingView (IBIT/USD)</p>
<p>以黑石的 iShares 比特幣信託（IBIT）為例。</p>
<p>在風險規避市場中，IBIT 面臨顯著的資金流出，放大了下行壓力。經過兩個連續的負季度，該基金已下降近 50%，突顯出與單一資產敞口相關的波動性。</p>
<p>結果？長期的資金流出限制了比特幣的積累。另一方面，REX Shares 專注於多樣化的敞口和收入生成，而不是僅僅依賴價格波動。這使其更好地與當前減半後的市場現實相一致。</p>
<hr/>
<h2>最終總結</h2>
<ul>
<li><em>REX Shares 的 GIF 結合了九隻 ETF，使用適度的槓桿和備兑看漲期權來產生每週收入。</em></li>
<li><em>與純加密 ETF 不同，REX 的結構強調多樣化，使其更好地與當前減半後的市場環境相一致。</em></li>
</ul>
<hr/>

BITF

HOOD

RIOT

<p>REX Shares 推出了 REX 增長與收益宇宙 ETF（GIF），該 ETF 結合了九隻 ETF，以實現多元化的投資組合，包括與加密貨幣相關的資產。與傳統 ETF 不同，GIF 採用適度的槓桿和備兑看漲期權來產生每週收入，同時將風險分散到各個行業。這種方法旨在平衡穩定的收入與股票的上漲，解決當前減半後市場面臨的挑戰。REX 的策略反映了向風險管理的加密貨幣投資的轉變，與僅依賴價格上漲的傳統 ETF 形成對比</p>

<p>Diversification remains central to investor strategy.</p>
<div class="lb-trans"><p>多樣化仍然是投資者策略的核心。</p>
</div><p>Leaning into that, REX Shares has introduced the REX Growth &amp; Income Universe ETF (GIF). It combines its nine ETFs into a single fund, offering “diversified” exposure that includes crypto-linked assets.</p>
<div class="lb-trans"><p>基於此，REX Shares 推出了 REX 增長與收益宇宙 ETF（GIF）。它將其九隻 ETF 合併為一個基金，提供包括與加密貨幣相關資產在內的 “多樣化” 投資敞口。</p>
</div><p>In other words, unlike traditional Bitcoin [BTC] or Ethereum [ETH] ETFs that track a single asset class, GIF spreads risk across multiple stocks spanning tech, retail, healthcare, and crypto-related sectors, making it a structurally broader investment approach.</p>
<div class="lb-trans"><p>換句話説，與追蹤單一資產類別的傳統比特幣 [BTC] 或以太坊 [ETH] ETF 不同，GIF 將風險分散到多個股票上，涵蓋科技、零售、醫療保健和與加密相關的行業，形成一種結構上更廣泛的投資方式。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-27-140556.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/02/Screenshot-2026-02-27-140556.png"/></p>
<p>Source: Businesswire</p>
<div class="lb-trans"><p>來源：Businesswire</p>
</div><p>Looking at the details, three of the nine underlying ETFs are directly crypto-linked – MSII (Strategy, known for its BTC holdings), COII (Coinbase, a crypto exchange), and HOII (Robinhood, which offers crypto trading).</p>
<div class="lb-trans"><p>從細節來看，九隻基礎 ETF 中有三隻與加密貨幣直接相關——MSII（以其比特幣持有而聞名的策略）、COII（加密貨幣交易所 Coinbase）和 HOII（提供加密交易的 Robinhood）。</p>
</div><p>From a structure standpoint, each ETF targets 1.25x exposure to its stock and uses covered calls on roughly half of its holdings to generate weekly income. All while the rest remains invested to benefit if the stock price rises.</p>
<div class="lb-trans"><p>從結構上看，每隻 ETF 的目標是實現 1.25 倍的股票敞口，並對大約一半的持倉使用備兑看漲期權以產生每週收入。同時，其餘部分繼續投資，以便在股票價格上漲時獲益。</p>
</div><p>In practical terms, REX Shares is trying to mix steady income with sustained stock upside, while keeping diversification intact. However, as noted by AMBCrypto, this also raises a structural question.</p>
<div class="lb-trans"><p>在實際操作中，REX Shares 試圖將穩定的收入與持續的股票上漲相結合，同時保持多樣化。然而，正如 AMBCrypto 所指出的，這也提出了一個結構性問題。</p>
</div><p>Recent cycles have seen halving returns shrink amid heavier ETF flows. In such an environment, does REX Shares’ approach reflect a shift towards more risk-managed crypto exposure, or does it risk further capping the upside?</p>
<div class="lb-trans"><p>最近的週期中，減半後的收益在更大的 ETF 流入中縮小。在這樣的環境下，REX Shares 的做法是否反映出向更具風險管理的加密敞口的轉變，還是會進一步限制上漲空間？</p>
</div><h2>REX Shares’ income strategy meets post-halving reality</h2>
<div class="lb-trans"><h2>REX Shares 的收入策略應對減半後的現實</h2>
</div><p>The difference between traditional ETFs and REX lies in the structure.</p>
<div class="lb-trans"><p>傳統 ETF 與 REX 之間的區別在於結構。</p>
</div><p>Traditional ETFs typically track an index (like Bitcoin), maintain 1x exposure, and rely on price appreciation for returns. REX’s model, by contrast, layers in leverage and covered calls to generate weekly income.</p>
<div class="lb-trans"><p>傳統 ETF 通常跟蹤一個指數（如比特幣），保持 1 倍的敞口，並依賴價格上漲來獲得回報。相比之下，REX 的模型通過增加槓桿和備兑看漲期權來產生每週收入。</p>
</div><p>Why does that matter? As AMBCrypto notes, this is where the shift becomes clear. REX Shares is leaning towards “engineered yield” over pure crypto beta, reflecting the cooling momentum seen in traditional ETFs.</p>
<div class="lb-trans"><p>這有什麼重要性？正如 AMBCrypto 所指出的，這裏轉變變得清晰。REX Shares 傾向於 “工程化收益” 而非純粹的加密 beta，反映出傳統 ETF 中看到的動能減弱。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/02/IBIT_2026-02-27_14-33-38.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/02/IBIT_2026-02-27_14-33-38.png"/></p>
<p>Source: TradingView (IBIT/USD)</p>
<div class="lb-trans"><p>來源：TradingView (IBIT/USD)</p>
</div><p>Take BlackRock’s iShares Bitcoin Trust (IBIT) as a case in point.</p>
<div class="lb-trans"><p>以黑石的 iShares 比特幣信託（IBIT）為例。</p>
</div><p>In risk-off markets, IBIT sees significant outflows, amplifying downside pressure. With two consecutive negative quarters, the fund has declined by nearly 50%, underscoring the volatility tied to single-asset exposure.</p>
<div class="lb-trans"><p>在風險規避市場中，IBIT 面臨顯著的資金流出，放大了下行壓力。經過兩個連續的負季度，該基金已下降近 50%，突顯出與單一資產敞口相關的波動性。</p>
</div><p>The result? Prolonged outflows limit BTC accumulation. REX Shares, on the other hand, focuses on a mix of diversified exposure and income generation rather than relying solely on price movements. This makes it better aligned to the current post-halving market reality.</p>
<div class="lb-trans"><p>結果？長期的資金流出限制了比特幣的積累。另一方面，REX Shares 專注於多樣化的敞口和收入生成，而不是僅僅依賴價格波動。這使其更好地與當前減半後的市場現實相一致。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><h2>Final Summary</h2>
<div class="lb-trans"><h2>最終總結</h2>
</div><ul>
<li><em>REX Shares’ GIF combines nine ETFs, using modest leverage and covered calls to generate weekly income.</em></li>
<li><em>Unlike pure crypto ETFs, REX’s structure emphasizes diversification, making it better aligned with the current post-halving market environment.</em></li>
</ul>
<div class="lb-trans"><ul>
<li><em>REX Shares 的 GIF 結合了九隻 ETF，使用適度的槓桿和備兑看漲期權來產生每週收入。</em></li>
<li><em>與純加密 ETF 不同，REX 的結構強調多樣化，使其更好地與當前減半後的市場環境相一致。</em></li>
</ul>
</div><hr/>
<div class="lb-trans"><hr/>
</div>

REX Shares bundles 9 ETFs into one GIF fund – Diversification or dilution?

Amb Crypto

Bitfarms Canada

Robinhood

Riot Platforms

Grayscale Litecoin Trust (LTC)

BTCS

WisdomTree Bitcoin Fund

Fidelity Wise Origin Bitcoin Fund - ETF

REX NVDA Growth & Income ETF

Bitwise Bitcoin ETF

GraniteShares 2x Long MSTR Daily ETF

2 倍做多 HOOD ETF - T-Rex

COIN 周收益 ETF - Roundhill

Leverage Shares 2X Long CRWV Daily ETF

Bitwise Ethereum ETF

PLTR 周收益 ETF - Roundhill

ProShares Bitcoin Strategy ETF

2 倍做多 TSLA ETF - GraniteShares

2 倍做多加密貨幣行業 ETF - Direxion

REX PLTR Growth & Income ETF

Valkyrie Bitcoin and Ether Strategy ETF

VanEck Ethereum ETF

VanEck Bitcoin ETF

Grayscale Ethereum Mini Staking ETF

Defiance Leveraged Long +Income PLTR ETF

Bitwise Solana Staking ETF

Franklin Ethereum ETF

T-REX 2X Long CRWV Daily Target ETF

21Shares Ethereum ETF

YieldMax Short COIN Option Income Strategy ETF

Leverage Shares 2x Cpd Acclrtd MSTRMnETF

納斯達克 NexGen 經濟 ETF - Reality Shares

Roundhill MSTR WeeklyPay ETF

REX LLY Growth & Income ETF

2 倍做多 Robinhood ETF - Leverage Shares

2 倍做多 MSTR ETF - Defiance

2 倍做多 COIN ETF - GraniteShares

YieldMax COIN Option Income Strategy ETF

CoinShares Bitcoin ETF

IShares Ethereum Trust ETF

REX TSLA Growth & Income ETF

2 倍做多 Palantir ETF - Direxion

REX WMT Growth & Income ETF

2 倍做多 HOOD ETF - Defiance

REX MSTR Growth & Income ETF

Leverage Shares 2X Long CRCL Daily ETF

iShares Bitcoin Trust ETF

Invesco Galaxy Bitcoin ETF

Defiance Leveraged Long + Inc MSTR ETF

2 倍做多英偉達 ETF - GraniteShares

2 倍做多 Coinbase ETF - Leverage Shares

Invesco Galaxy Ethereum ETF

Keel Infrastructure

REX Shares 將 9 只 ETF 合併為一個 GIF 基金——這是多元化還是稀釋？