Investment firm Roundhill has submitted an application for a Bitcoin Covered Call strategy ETF

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that the investment firm Roundhill has submitted an application for a Bitcoin Covered Call strategy ETF, which will hold Bitcoin futures ETFs and then sell call and put options to generate income.

It is reported that the Covered Call strategy refers to buying the underlying asset while simultaneously selling corresponding call options to maximize returns.