Binance launches covered calls and cash-secured puts on stocks. USDC collateral is locked, shares settle through Alpaca, and sellers face assignment risk.
Grayscale's proposed Zcash income ETF targets payouts every two weeks through options, with capped upside, possible returned capital and fees still undisclosed.
Six Bitwise option-income ETFs stop trading July 31, with final NAVs due Aug. 7 and automatic cash redemptions expected around Aug. 10.
Binance launched BTC Yield, a covered-call Bitcoin income product with BTCY units, weekly BTC distribution potential, no principal protection and a 15% premium fee.
BlackRock's BITA filing shows a 0.65% fee, 25% to 35% covered-call range and $10M seed setup as its Bitcoin income ETF nears launch.