Goldman Sachs to use options strategy for planned Bitcoin income ETF

Goldman Sachs to use options strategy for planned Bitcoin income ETF

0.30%TRX$0.3235 0.84%LINK$9.03 0.33%ADA$0.2406 0.10%BCH$436.41 1.52%XRP$1.36 0.62%ETH$2,323 2.60%BTC$74,213 1.27%XMR$345.08 0.27%BNB$615.96 1.21%XLM$0.1548 0.98%SOL$83.73 0.35%HYPE$43.32 0.56%USD Written by Nate Kostar,Staff WriterReviewed by Robert Lakin,Staff EditorGoldman Sachs to use options strategy for planned Bitcoin income ETF2 hours agoThe proposed fund would invest in Bitcoin ETPs and sell call options to generate income while limiting exposure to price swings. Goldman Sachs has filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin-linked exchange-traded fund designed to generate income while limiting exposure to the cryptocurrency’s volatility, according to a preliminary prospectus dated April 14. The proposed Goldman Sachs Bitcoin Premium Income ETF would aim to deliver current income alongside capital appreciation by investing primarily in spot Bitco

Source: https://cointelegraph.com/news/goldman-sachs-files-for-bitcoin-income-etf-using-options-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound