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 internet asset worth. The technique is designed to generate revenue by amassing 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 technology. The corporate stated the ETF would search itemizing approval on Cboe Canada beneath the ticker image BDAY.
Hamilton ETFs stated 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 property, in keeping with the corporate.
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Crypto ETF issuers push into energetic methods
As issuers broaden past passive spot crypto merchandise, asset managers are more and more positioning digital property 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 via covered-call methods tied to Bitcoin exchange-traded merchandise. The identical month, Bitwise Asset Administration launched an actively managed ETF tied to property together with Bitcoin, treasured metals and mining shares.
In March, 21Shares president Duncan Moir instructed Cointelegraph that crypto’s early-stage and quickly evolving market construction makes it notably suited to energetic administration approaches, including that the corporate has expanded its buying and selling and portfolio administration groups to assist extra refined merchandise.
The identical month, T. Rowe Worth up to date SEC filings for a proposed actively managed crypto ETF investing instantly in digital property together with Bitcoin, Ether (ETH) and Solana (SOL), whereas Goldman Sachs later filed for a Bitcoin revenue ETF designed to generate yield via name choices tied to identify Bitcoin exchange-traded merchandise.
In keeping with a report from Goldman Sachs Asset Administration, energetic ETFs held almost $1.8 trillion in property globally on the finish of 2025.
Supply: Morningstar, Goldman Sachs Asset Administration
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