COIW

The COIN WeeklyPay ETF (COIW) is an exchange-traded fund designed to combine exposure to shares of Coinbase Global Inc. with an options-based income-generation strategy. The ETF is managed by Roundhill Investments and trades under the ticker COIW on the Cboe BZX Exchange.

Classified as a single-stock covered call equity ETF, the fund seeks to generate recurring income through options transactions associated with Coinbase shares, a company linked to global cryptocurrency markets and digital-asset infrastructure.

The ETF follows an active buy-write strategy, maintaining exposure to Coinbase shares while simultaneously writing call options to generate option-premium income. This structure may generate recurring distributions, although it may also limit part of the portfolio’s upside participation during periods of strong appreciation in the company’s stock price.

Composition / Exposure profile

COIW provides exposure primarily associated with:

• Coinbase Global Inc.
• Cryptocurrency markets.
• Blockchain technology.
• Digital assets.
• Covered call strategies.
• Digital financial infrastructure.
• Crypto-market volatility.
• Options-based income generation.

The ETF’s performance is particularly sensitive to fluctuations in Coinbase shares, cryptocurrency-market volatility, and global monetary conditions.

Changes in Federal Reserve monetary policy, regulatory developments involving digital assets, and fluctuations in Bitcoin and other cryptocurrency prices may directly affect the fund’s behavior. The ETF may also reflect changes in cryptoasset trading volumes and institutional adoption trends within the blockchain sector.

Structure and costs

COIW shares trade on the secondary market on the Cboe BZX Exchange during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee as outlined in its prospectus and does not apply a performance fee. The options-based strategy may generate distributions derived from covered call option premiums.

Because the ETF maintains concentrated exposure to a single company and uses derivatives, its performance may exhibit elevated volatility and divergence from the direct performance of Coinbase shares during certain market conditions.

History and evolution of the ETF

The COIN WeeklyPay ETF was launched in 2024 during a period marked by expansion in single-stock income-oriented ETFs using options strategies within the U.S. market.

Since inception, the fund has reflected movements associated with Coinbase shares and global cryptocurrency markets, including regulatory developments, changes in liquidity conditions, and shifts in investor risk appetite.

In recent years, covered call strategies tied to technology companies and digital assets have gained broader relevance amid cryptocurrency-market volatility, institutional growth within the blockchain sector, and expansion of digital financial infrastructure.

Additional Information

COIN WeeklyPay™ ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $38.07 million.

Over the past 12 months, COIN WeeklyPay™ ETF recorded a return of -66.55%, with its price trading between $7.95 and $64.52 during the same period.

The ETF is traded under the ticker COIW.