Three covered call ETFs currently use Bitcoin as the portfolio asset. Each approaches the covered call strategy differently, providing a variety of strategies for investors to choose from.
The ongoing rally spurred by expectations of regulatory approval for Bitcoin ETFs in the United States has pushed the world's largest cryptocurrency to near $38,000 — a level last seen in May 2022.
Simplify Asset Management Inc. ("Simplify"), an innovative provider of Exchange Traded Funds ("ETFs"), announced today that it expects to deliver capital gains distributions across 6 Simplify ETFs.*