MONTHLY XRP YIELD is on the table. 🎯
The game is evolving beyond just spot ETFs. Amplify Investments has just upped the ante by filing for a groundbreaking XRP Monthly Option Income ETF with the SEC.
This isn't just about tracking the price. This fund aims to generate consistent monthly income by employing a covered call strategy on XRP.
Why it matters: →Passive Income Potential: Targets monthly yield + capital appreciation. →Institutional Validation: Another major player sees value in building XRP-based products. →The Bigger Picture: This filing joins a queue of 90+ crypto ETF applications at the SEC, including spot XRP, SOL, and DOGE proposals.
The regulatory landscape is shifting. With the new SEC leadership under the Trump administration already making changes to crypto ETF rules, the path for approval is looking more favorable than ever.
Amplify manages over $12.6B in assets and already runs a Bitcoin-covered call ETF (BITS). They know what they're doing.
The bottom line: This is a significant step towards sophisticated, yield-generating crypto investment products for the mainstream. The wait for SEC decisions continues, but the pieces are moving.
What do you think? Is a monthly income strategy more appealing than pure spot exposure?
DYOR No Financial advice!
#XRP #ETF #Cryptonews #MonthlyIncome #SOLTreasuryFundraising