According to @Matt_Hougan, Bitwise’s alpha portfolio management team is providing an options-based income-generating solution for large Bitcoin (BTC) spot holders in partnership with Kraken Institutional, managed by Bitwise and executed entirely within Kraken’s qualified custody and OTC infrastructure (source: @Matt_Hougan on X; Kraken Institutional). Kraken Institutional described this as its first managed BTC income strategy, positioning institutional clients to pursue options-based yield directly on custodied spot BTC with professional management and integrated execution (source: Kraken Institutional).

According to @ReutersBiz, options-based ETFs are posting record-breaking returns and are competing with traditional active managers, highlighting growing investor demand for income-focused strategies (source: @ReutersBiz). According to @ReutersBiz, GraniteShares’ Will Rhind said these products are not designed for long-term growth but will consistently offer higher yields than an unleveraged equivalent, underscoring their role as income vehicles rather than core growth holdings (source: @ReutersBiz). According to @ReutersBiz, traders seeking cash flow can prioritize options-based ETFs for yield capture while recognizing their trade-off versus long-term capital appreciation (source: @ReutersBiz).