Asset management firm Simplify has deployed an options strategy in its Bitcoin ETF to seek yield.

Foresight News reported, citing CNBC, that recently BlackRock applied to launch a Bitcoin Premium Income ETF. Asset management firm Simplify has also added options strategies to its ETF products YGLD and MAXI, which provide exposure to gold and Bitcoin futures, in an effort to generate income. Although these ETFs are still relatively small in scale, analysts believe that as gold prices reach new highs and Bitcoin adoption continues to grow, gold and Bitcoin are no longer traditional "safe haven" assets but are transforming into income-generating investment assets.