Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- About
Amplify Bitcoin Max Income Covered Call ETF (BAGY)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/24/2025: BAGY (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 0.48% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 47.21 - 55.83 | Updated Date 06/6/2025 |
52 Weeks Range 47.21 - 55.83 | Updated Date 06/6/2025 |
Upturn AI SWOT
Amplify Bitcoin Max Income Covered Call ETF
ETF Overview
Overview
The Amplify Bitcoin Max Income Covered Call ETF (IBIT) seeks to provide current income while maintaining the opportunity for exposure to the price return of bitcoin. It achieves this through a covered call strategy on Bitcoin ETFs.
Reputation and Reliability
Amplify ETFs is a known issuer, but relatively newer compared to industry giants. They are focused on thematic and innovative investment strategies.
Management Expertise
Amplify ETFs has a team of experienced professionals focused on specialized investment strategies and covered call strategies.
Investment Objective
Goal
Seeks to provide current income and exposure to the price return of bitcoin.
Investment Approach and Strategy
Strategy: Utilizes a covered call strategy, selling call options on Bitcoin ETFs.
Composition Primarily invests in Bitcoin ETFs, with a portion allocated to short-dated covered call options.
Market Position
Market Share: Difficult to precisely quantify given the dynamic nature of Bitcoin ETF market; however, it's a small player relative to spot bitcoin ETFs but larger in the covered call subset of bitcoin strategies.
Total Net Assets (AUM): Data unavailable
Competitors
Key Competitors
- Defiance BTC Income ETF (IBTC)
- YieldMax Bitcoin Option Income Strategy ETF (YMAX)
Competitive Landscape
The competitive landscape includes covered call ETFs focused on Bitcoin. IBIT competes with other ETFs offering similar strategies. Advantages may include higher yield potential (with higher risk), while disadvantages include potential for underperformance during strong Bitcoin rallies.
Financial Performance
Historical Performance: Limited historical data due to recent inception.
Benchmark Comparison: Difficult to compare directly to a benchmark since it uses a covered call strategy. Performance will differ from Bitcoin ETFs tracking spot prices.
Expense Ratio: 1.49
Liquidity
Average Trading Volume
Average trading volume for IBIT indicates moderate liquidity and ease of trading, though lower than spot bitcoin etfs.
Bid-Ask Spread
The bid-ask spread may vary, but it can impact trading costs, particularly for frequent traders. Data unavailable.
Market Dynamics
Market Environment Factors
Factors affecting IBIT include Bitcoin price volatility, interest rates (affecting option premiums), and investor sentiment towards Bitcoin.
Growth Trajectory
Growth will depend on the demand for income-generating Bitcoin strategies and the overall performance of the covered call strategy.
Moat and Competitive Advantages
Competitive Edge
IBIT's advantage is its covered call strategy, aimed at generating income from Bitcoin ETFs. The income generation makes it appealing to investors looking for yield in the crypto space. Its competitive edge is dependent on option pricing and market volatility. It offers a unique combination of income and Bitcoin exposure.
Risk Analysis
Volatility
IBIT will experience volatility related to Bitcoin prices and options market. Expect high volatility relative to traditional income ETFs.
Market Risk
Market risk includes the risk of Bitcoin price declines, which could impact the underlying Bitcoin ETF holdings and the value of call options.
Investor Profile
Ideal Investor Profile
Ideal investors are those seeking income from cryptocurrency investments and are comfortable with high volatility and options strategies.
Market Risk
Suitable for investors seeking income and are willing to accept higher risk, including the complexities of covered call strategies. It is not appropriate for risk-averse investors or those seeking pure Bitcoin exposure.
Summary
The Amplify Bitcoin Max Income Covered Call ETF (IBIT) provides a covered call strategy on Bitcoin ETFs. This structure could lead to lower returns in bull markets due to the calls being exercised. It's ideal for income-seeking investors comfortable with high volatility and the nuances of covered call strategies. Investment results may differ greatly from just owning Bitcoin.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Amplify ETFs website
- ETF.com
- SEC Filings
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Amplify Bitcoin Max Income Covered Call ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that provide exposure to the Bitcoin Price. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.