The funds aim to link Chicago Mercantile Exchange (CME) futures on FutureSports Performance Indexes.
Florida-based Rex Financial (Rex) has formed Alpha Sports Holdings (Alpha Sports), a dedicated sports exchange-traded fund (ETF) company, to build funds linked to futures on sports performance indices. The indices will use official team statistics and performance metrics The company’s initial products, BaseballShares and HockeyShares, are intended to track the performance of Major League Baseball (MLB) and National Hockey League (NHL) teams through CME futures tied to FutureSports Perf