A shutter assembly has an actuator for applying a whip action on a shutter wing for blocking or exposing an aperture. The shutter wing has a first blade fixedly connected to the actuator and a second blade movably connected to the first blade. When the shutter wing is in the closed position, the blades form a folded shape with a waist section large enough to cover the entire aperture. When the shutter wing is in the open position, the blades form an extended shape having a narrower waist section. The blades can be connected to each other by a hinge or a wire. Two shutter wings located on opposite sides of the aperture can be used to create a gap therebetween to control the exposure in a camera. As the shutter wings move from one side to another, the gap acts like a moving slit across the aperture.