Income ETF
Degenerate Economy Income ETF™ (options premium concept)
A high-income ETF concept that seeks to generate option premium by writing covered calls on DEGENCOM™ holdings while maintaining exposure to the underlying degenerate economy theme.
Sponsored by Degenerate Economics Management™ as a leading exchange-traded product concept.
The index base is derived by setting Bitcoin to 1 BTC at the May 15, 2023 close ($27,508.23) and scaling the total by its index weight; all other holdings are sized from that base according to their index weights.
Our mission is to democratize finance by building ETF access for everyone, subject to regulatory approval and partner support.
Fund Details
Income ETF overview
The income ETF concept layers an options premium strategy on top of DEGENCOM™ constituents. Details will be finalized with issuer and service provider partners.
If launched, the ETF will charge fees and expenses that reduce returns. Fee levels are TBD and will be disclosed in offering documents.
Expense ratio is TBD. For context, the industry’s asset‑weighted average mutual fund + ETF expense ratio was about 0.44% as of Dec 31, 2024. Actual ETF fees could be higher or lower and would reduce net returns.
Income Focus
Structured to seek recurring option income
The income ETF blends an index-tracking sleeve with an options overlay. It seeks to generate option premiums while retaining exposure to a thematic, actively governed index that can add meme-driven names when warranted by the rules.
Options strategies involve risk and may limit upside participation in strong rallies.
Strategy
How the income overlay works
The ETF concept integrates a covered-call overlay with disciplined risk controls and tradability screens to support income generation while maintaining thematic exposure.
Hold the index sleeve
Maintain exposure to DEGENCOM™ constituents as the core sleeve.
Write calls
Sell covered calls to generate option premium income.
Rebalance
Adjust option strikes and holdings as market conditions shift.
Distribute income
Target periodic distributions from option premium and dividends.
Selection Methodology
Two-sleeve construction
The income ETF blends an index-tracking sleeve with a covered-call overlay designed to seek option premium.
Core sleeve
Intends to allocate a majority of assets to the DEGENCOM™ sleeve to preserve thematic exposure.
Option overlay
Seeks to generate option premiums through covered calls on index holdings, with risk controls and tradability screens.
Income Flow
How income is generated
The income ETF combines a DEGENCOM™ sleeve with a covered-call overlay to seek recurring option premium. This may reduce volatility but can limit upside during strong rallies.
Distributions
Distribution history (TBD)
Distribution data will be available after launch. There is no guarantee that distributions will be made.
| Ex-Date | Record Date | Payable Date | Amount |
|---|---|---|---|
| TBD | TBD | TBD | TBD |
| TBD | TBD | TBD | TBD |
| TBD | TBD | TBD | TBD |
Fund Documents
Materials available at launch
The following materials will be published once the fund is registered and approved.
Premium / Discount
Expected ETF trading behavior
Shares trade on an exchange and may trade above or below NAV. The data below will be provided at launch.
| Quarter | Premium Days | At NAV | Discount Days |
|---|---|---|---|
| Q1 | TBD | TBD | TBD |
| Q2 | TBD | TBD | TBD |
| Q3 | TBD | TBD | TBD |
| Q4 | TBD | TBD | TBD |
Yield
Distribution metrics (TBD)
Distribution metrics will be available after launch. There is no guarantee that distributions will be made.
This ETF is a pre-launch concept and does not represent an offer or solicitation. Options strategies involve risk and may reduce upside participation. Launch timing depends on regulatory approvals, issuer partnerships, and service provider readiness.