Hamilton ETFs Launches Actively Managed Bitcoin Income ETF Proposal

Hamilton ETFs, a Canadian asset management company, has made significant strides in the digital asset space with its latest filing for an actively managed Bitcoin income exchange-traded fund (ETF).

The proposed Hamilton Enhanced Bitcoin DayMAX ETF would utilize covered-call strategies and leverage capped at approximately 25% of net asset value to generate income by collecting premiums from short-term options contracts tied to Bitcoin price movements.

This innovative approach combines the benefits of Bitcoin exposure with regular monthly income generation, setting it apart from traditional passive spot crypto products. The fund is part of Hamilton ETFs' DayMAX ETF lineup, which employs 0DTE (zero-days-to-expiration) options contracts that expire on the same day they are traded.

With this filing, Hamilton ETFs joins a growing list of issuers pushing into active strategies in the digital asset space. Other notable filers include BlackRock, Bitwise Asset Management, and Goldman Sachs, all of which have submitted proposals for actively managed crypto ETFs that leverage various investment strategies to generate yield.