BITKTuttle Capital Bitcoin 0DTE Covered Call ETF
Seeks current income.
By Tuttle Capital Management, LLC · Launched 2025
0.99%
#4,898 of 5,562 · expensive
$2M
#5,302 of 5,562 · small
—
9 months
#4,774 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeStrategy
Option income
What it actually holds
By weightConcentration
Top 3 holdings = 96.6% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks current income.
- Strategy
- Employs a synthetic covered call strategy to generate income while providing exposure to Bitcoin through ETFs and ETPs. Actively sells 0DTE call options on the Reference Asset to earn premiums, while also investing in short-term U.S. Treasury securities.
- Inception date
- September 23, 2025
- Fund family
- Tuttle Capital Management, LLC
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-20