Experienced_win

#GoldmanSachsFilesforBitcoinIncomeETF Wow guys, this news seems more like a big deal and the idea is quite visionary as Goldman Sachs has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch its first own cryptocurrency ETF: the Goldman Sachs Bitcoin Premium Income ETF. We feel that the fund will not invest directly in $BTC instead, it will employ a covered call option strategy, investing in other Bitcoin exchange-traded products (ETPs) to generate monthly returns through option premiums. The fund plans to allocate at least 80% of its net assets to Bitcoin-related investments, including spot ETPs and related derivatives, and it will also use its subsidiary in the Cayman Islands (up to 25% of the assets) to circumvent the restrictions on commodity holdings established by the U.S. Investment Company Act of 1940. On the other hand, regarding the risk/return analysis, the fund is designed for investors seeking lower volatility and more stable returns in Bitcoin, but this also means that potential returns during periods of high price volatility may be limited. I will be attentive to the news that will be generated going forward regarding this topic, to provide you with more information, for now, as TV series say, this story will continue...