Can Solana Do What Bitcoin Can’t? Amplify’s New ETF Aims For 36% Income

Amplify ETFs, the issuer known for thematic and income-driven fund products, has just launched the Amplify Solana 3% Monthly Option Income ETF (BATS:SOLM), a first-of-its-kind product combining the growth momentum in Solana (CRYPTO: SOL) with steady income.

The ETF targets an ambitious 36% annual option premium income by deploying a short-term covered call strategy on Solana exposure, at an expense ratio of 0.75%.

• See how SOLM is doing here.

The fund joins Amplify’s YieldSmart suite of actively managed income ETFs, but SOLM’s crypto foundation makes it stand apart. Where Bitcoin ETFs …

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