Amplify Bitcoin Max Income Covered Call ETF (BAGY)

Funds & ETFs

The Amplify Bitcoin Max Income Covered Call ETF (NYSE Arca: BAGY) is an actively managed ETF launched in April 2025 that seeks 30–60% annualized option premium income alongside Bitcoin price appreciation potential. The fund uses an aggressive covered call strategy on Bitcoin ETPs, writing options with up to 5% upside potential per week.

Details

Aum: ~$9.91M
Fee: 0.65%
Type: Bitcoin Covered Call ETF
Issuer: Amplify ETFs
Region: USA
Ticker: BAGY
Country: United States
Manager: Amplify ETFs
Strategy: Aggressive covered call writing on Bitcoin ETPs, 30-60% target premium yield
Custodian: N/A (holds options, not direct BTC)
Fund Type: covered_call_etf
Structure: Covered call strategy targeting 30-60% annualized option premium; no direct spot Bitcoin
Derivatives: Yes
Launch Date: April 28, 2025
Expense Ratio: 0.69%
Inception Date: 2025-04-28
Management Fee: 0.85%
Exchange Listed: NYSE Arca
Physically Backed: No

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