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Latest cryptocurrency news and articles about ibit:ca. Stay updated with developments, analysis, and insights.

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BITY: ~23.5% Distribution Rate While Targeting More Upside Participation In Bitcoin

BITY: ~23.5% Distribution Rate While Targeting More Upside Participation In Bitcoin

Summary Amplify Bitcoin 2% Monthly Option Income ETF (BITY) offers income-focused investors exposure to Bitcoin with a covered call strategy and monthly distributions. BITY writes weekly call options ...

Seeking Alpha logoSeeking Alpha
1 min
Bitcoin: Uptober Arrived, And My New Target Price Too!

Bitcoin: Uptober Arrived, And My New Target Price Too!

Summary Reiterate a buy rating on Bitcoin, citing renewed perspectives with new ETFs. The on-chain metrics studied also seem like a great combination to take Bitcoin to a new ATH. Despite modest Septe...

Seeking Alpha logoSeeking Alpha
1 min
IBIT: We're At The Top (Double Downgrade)

IBIT: We're At The Top (Double Downgrade)

Summary I am downgrading IBIT from strong buy to hold as Bitcoin's major tailwinds are now fully priced in after a 600% surge from the bottom in 2022. Rising leverage and debt-driven corporate buying ...

Seeking Alpha logoSeeking Alpha
1 min