Overview

• BITK writes same-day expiring call options and reestablishes positions each trading morning to capture daily premium.
• The strategy references BlackRock’s iShares Bitcoin Trust (IBIT) for bitcoin price exposure through a synthetic covered-call approach.
• Tuttle warns that 0DTE options can be highly sensitive to intraday moves, with potential low liquidity and wider bid-ask spreads that may increase costs and risk.
• Fund materials highlight the use of FLEX options, which may not track the reference asset precisely and can face limited secondary market liquidity.
• The ETF is new, non-diversified, and available to investors today on the CBOE and via IncomeBlastETFs.com, with distribution by Foreside Fund Services.