The Tuttle Capital IBIT 0DTE Covered Call ETF is an actively managed, open-ended exchange-traded fund designed to generate current income by employing a synthetic covered call strategy on Bitcoin, implemented via exposure to the iShares Bitcoin Trust ETF. Its core approach involves systematically selling short-dated (zero days to expiration, or "0DTE") call options, enabling the fund to capture option premium against its underlying Bitcoin exposure. This structure allows investors to participate in the price movements of Bitcoin while also seeking to benefit from option-related income, positioning the fund uniquely in the growing market of derivative-based digital asset products. Managed by Tuttle Capital Management LLC, the ETF does not track an underlying index but follows an active, buy-write strategy focused on the Bitcoin/US dollar pair. By blending exposure to a major crypto asset with daily option overlays, the fund serves as a specialized tool for market participants aiming for income generation within the cryptocurrency ecosystem, and broadens the choices available for structured digital asset investment vehicles in both retail and institutional markets.
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