As the developments around spot Bitcoin ETF approval catches steam, more and more players are willing to join the bandwagon. Bloomberg’s senior ETF analyst Eric Balchunas stated that the SEC-registered financial player Roundhill has filed for a Bitcoin-covered call ETF.
A New Bitcoin ETF in the Market?
Roundhill has recently submitted an application for a Bitcoin Covered Call ETF, which will comprise a bitcoin futures ETF and engage in the writing of call and put options to generate income. Roundhill Investments is a registered investment advisor under the SEC, specializing in providing groundbreaking ETF solutions.
It is clear that financial players have been exploring ways to offer Bitcoin exposure to their institutional clients. Responding to Blachunas’ tweet, crypto market enthusiasts that the SEC should be coming up with clear regulations allowing people to directly buy…
