Bitwise Asset Management has launched three active options strategy ETFs tracking MicroStrategy (MSTR), Coinbase (COIN), and Marathon Digital Holdings (MARA).
The ETFs utilize a 'covered call' strategy to generate income from stock volatility while still enjoying the upside potential of the stocks.
The actively managed ETFs are monitored by Bitwise's team, which adjusts the strategy based on market news, option prices, sentiment, and capital inflows.
Bitwise has been expanding its offerings, including the launch of the Bitcoin Standard Corporations ETF and a $70 million fundraise, as well as entering the world of DeFi through a collaboration with Maple Finance.