Amplify XRP 3% Monthly Option Income ETF
Cboe US · USDThe fund seeks to participate in the price return of XRP (“XRP Price”) and to generate a high level of annualized option premium by selling options on U.S.-regulated ETFs that provide exposure to XRP (“XRP ETPs”). The fund will seek to vary its option selling each week to a level sufficient to generate 36% annualized option premium (the “Target Option Premium”), based upon the NAV of the fund each time the fund sells the weekly options contracts. The fund is non-diversified.
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