Amplify ETFs has unveiled its newest offering, the Amplify XRP 3% Monthly Premium Income ETF (XRPM). The fund focuses on providing exposure to XRP's price fluctuations while generating high, recurring income through an actively managed options strategy. XRPM seeks to offer an annualized option premium target of 36%, approximately 3% per month, based on market conditions at the time of launch.  https://x.com/TheCryptoSquire/status/1990822097606631701?s=20 XRPM Structure: Combining Covered Calls and Long Exposure The XRPM ETF’s portfolio consists of two main components. The first is a covered call strategy, which represents 30% to 60% of the portfolio. This strategy involves writing weekly out-of-the-money call options to collect premium income. The goal is to generate consistent income while preserving some upside potential if XRP's price moves within the strike range of the options. The second part of the portfolio is a long-only segment, which represents the remaining portion ...