The Amplify Bitcoin Max Income Covered Call ETF (ticker: BAGY) offers investors a unique opportunity to generate income from Bitcoin through a strategic and innovative approach. Focused on a long position in Bitcoin and a short position in USD within the derivative niche, this ETF employs a synthetic covered call strategy. By actively managing a portfolio that leverages both standardized exchange-traded and FLEX options, BAGY aims to capitalize on the substantial income potential of Bitcoin's price movements. The fund strategically targets an annualized option premium ranging between 30% and 60%, providing a robust potential income stream for investors who are looking to enhance their returns from cryptocurrency investments. This ETF is particularly appealing to those who are interested in Bitcoin but are seeking a way to mitigate some of the inherent volatility while benefiting from its income-generating potential.
Amplify Bitcoin Max Income Covered Call ETF (BAGY) Fund Flow Chart
Amplify Bitcoin Max Income Covered Call ETF (BAGY) 1 year Net Flows: $17M