Roundhill, an asset management firm, has launched the premier covered call exchange-traded fund (ETF) based on Bitcoin in the United States market, as announced in a press release dated January. The ETF is named the Roundhill Bitcoin Covered Call Strategy Exchange-Traded Fund. The security is listed as “YBTC” on the Cboe BZX Exchange, according to Dave Mazza, who serves as the Chief Strategy Officer for Roundhill Investments. YBTC provides investors with a compelling mix of substantial income possibilities and access to Bitcoin. Investors have eagerly sought a covered call ETF that includes Bitcoin, and we are thrilled to be the pioneers in introducing this type of offering to the U.S. market. The rest of the press release indicates that YBTC provides access to Bitcoin through the use of a covered call approach applied to Bitcoin Exchange Traded Funds. The goal is to generate income on a monthly basis, with a cap on the maximum monthly earnings. Roundhill pointed out that, by its nature, Bitcoin does not generate any operating earnings or cash flow. Nevertheless, due to the substantial fluctuations in Bitcoin’s value, the statement indicated the potential to yield income through its strategy of selling call options and then distribute that income to investors. This might bridge a void in cryptocurrency investment options. Roundhill’s website elaborates that the fund is managed on a proactive basis, which implies that investors can save the effort and resources they would otherwise invest in devising and executing their own trade tactics.