$BTC

#ETF Roundhill #Bitcoin Covered Call Strategy launches trading on #Cboe BZX

Odaily Planet Daily News Investment institution Roundhill Investments has announced the official launch of the Roundhill Bitcoin Covered Call Strategy (YBTC) ETF. The ETF, which began trading on CBOE BZX today, is also the first Bitcoin covered call strategy ETF to be listed in the United States. It is important to note that the fund does not invest directly in Bitcoin. A covered call strategy involves purchasing an underlying asset (such as a stock) while selling the corresponding call option to maximize returns. Odaily Planet Daily reported in late October last year that Roundhill had submitted an application for the Bitcoin covered call strategy ETF. (newswire)