Amplify ETFs announced the launch of two Bitcoin Options income exchange-traded funds BITY and BAGY.

Golden Finance reported that ETF solution provider Amplify ETFs has announced the launch of two exchange-traded funds: Amplify Bitcoin 24% Premium Income ETF (BITY) and Amplify Bitcoin Max Income Covered Call ETF (BAGY). The former seeks to gain exposure to Bitcoin rise through active Risk Management strategies, while the latter employs a high-frequency, high-premium call options selling strategy.