Hamilton ETFs filed a preliminary prospectus in Canada for an actively managed Bitcoin revenue exchange-traded fund (ETF) that might use leverage and short-term choices methods to generate yield alongside Bitcoin publicity.
The proposed Hamilton Enhanced Bitcoin DayMAX ETF would use covered-call methods and leverage capped at roughly 25% of web asset worth. The technique is designed to generate revenue by accumulating premiums from short-term choices contracts tied to Bitcoin (BTC) value actions.
The fund is meant to mix Bitcoin publicity with month-to-month revenue era. The corporate mentioned the ETF would search itemizing approval on Cboe Canada beneath the ticker image BDAY.
Hamilton ETFs mentioned the fund is a part of its DayMAX ETF lineup, which makes use of 0DTE, or zero-days-to-expiration, choices contracts that expire the identical day they’re traded.
The submitting stays topic to regulatory approval earlier than the fund can start buying and selling in Canada. Hamilton ETFs manages roughly $16 billion in belongings, based on the corporate.
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Crypto ETF issuers push into energetic methods
As issuers increase past passive spot crypto merchandise, asset managers are more and more positioning digital belongings as a class suited to extra energetic funding methods.
In January, BlackRock filed for the iShares Bitcoin Premium Earnings ETF , an actively managed product designed to generate month-to-month revenue by way of covered-call methods tied to Bitcoin exchange-traded merchandise. The identical month, Bitwise Asset Administration launched an actively managed ETF tied to belongings together with Bitcoin, treasured metals and mining shares.
In March, 21Shares president Duncan Moir advised Cointelegraph that crypto’s early-stage and quickly evolving market construction makes it significantly suited to energetic administration approaches, including that the corporate has expanded its buying and selling and portfolio administration groups to help extra subtle merchandise.
The identical month, T. Rowe Value up to date SEC filings for a proposed actively managed crypto ETF investing immediately in digital belongings together with Bitcoin, Ether (ETH) and Solana (SOL), whereas Goldman Sachs later filed for a Bitcoin revenue ETF designed to generate yield by way of name choices tied to identify Bitcoin exchange-traded merchandise.
In response to a report from Goldman Sachs Asset Administration, energetic ETFs held almost $1.8 trillion in belongings globally on the finish of 2025.
Supply: Morningstar, Goldman Sachs Asset Administration
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