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"Amplify XRP [ ]% Monthly Option Income ETF aims to achieve a balance between high income and capital gains through investment in XRP's price return and a secured call option strategy."
Option income ETFs aim to provide investors with monthly income through option strategies. Amplify's application coincides with a period where the number of altcoin-based fund applications, which the SEC has yet to decide on, is increasing. Many companies, such as Grayscale, 21Shares, and Bitwise, have applied for spot ETFs tracking coins like XRP, Litecoin, Dogecoin, and Solana.#Gate Alpha CELB Points Airdrop