Aug. 23 at 3:50 PM
$BTCI
"
$BTCI is one of the most interesting ETFs to launch in recent years. By applying a high-income covered call strategy to Bitcoin, it takes volatility and turns it into a monthly cash flow while still offering some upside participation. Risks remain correlated to Bitcoin’s price and underperformance in upside during big rallies, but the value proposition is clear. For income investors who want bitcoin exposure,
$BTCI is paradise. With annualized yields currently more than 25%, consistent monthly payouts, and a best-in-class fund backing it in NEOS, the fund provides a nice mix of yield and growth. I rate
$BTCI a buy, as it represents one of the best ways for investors who are bullish on Bitcoin to generate monthly income while still being exposed to Bitcoin’s long-term price movements."
https://seekingalpha.com/article/4816206-btci-an-income-stream-for-bitcoin-bulls