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NEW YORK – Roundhill Investments introduced a new investment vehicle, the Roundhill Bitcoin Covered Call Strategy ETF (NYSE:YBTC), on the Cboe BZX exchange today. This exchange-traded fund (ETF) is designed to provide investors with an innovative approach to earning income from bitcoin without directly owning the cryptocurrency.
The YBTC ETF uses a covered call strategy, which involves writing call options on bitcoin futures ETFs. This method is designed to generate income on a regular basis, with distributions scheduled monthly. The strategy is particularly suited to periods of decline or stability in the bitcoin market, as the covered call approach caps the monthly upside potential.
Investors interested in the high-earning potential of bitcoin markets may find the YBTC ETF an attractive option. It allows exposure to bitcoin price movements while aiming to provide income, even when the cryptocurrency market is not experiencing significant growth.
Roundhill Investments has positioned the YBTC ETF as a strategic tool for those who want to profit from the cryptocurrency space in a more conservative manner than direct ownership. Fund performance is expected to be more favorable in market environments that are not bullish, due to the inherent nature of the covered call strategy which limits upside potential in exchange for regular income.
The launch of YBTC on the Cboe BZX Exchange marks another step in diversifying the cryptocurrency investment landscape, providing a structured income generation strategy for investors looking to tap into the bitcoin market.
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