Bloomberg ETF analyst Eric Balchunas wrote on X platform that investment firm Roundhill has submitted an application for a Bitcoin Covered Call Strategy ETF. This ETF will hold Bitcoin futures ETF and then sell call options and put options to generate income. Note: The Covered Call strategy refers to buying the underlying asset (such as stocks) while selling corresponding call options to maximize returns.

Roundhill has submitted an application for a Bitcoin Covered Call ETF.