Income Fund

Bitcoin Income Fund: Wave BTC Income & Growth Digital Fund

A professionally risk-managed Bitcoin product designed to transform BTC volatility into stable yielding income.

Objective

WBIG offers a way for Bitcoin investors to improve their risk profile versus holding pure BTC spot exposure.

Methodology

Investors retain Bitcoin exposure through BTC held in the Fund. At the end of each month, the Fund Manager sells one-month call options backed by the Bitcoin held in the Fund, collects a premium from option sales, and passes that premium through to investors in the form of a monthly dividend.

The Fund aims to produce 1.5% of AUM in dividends per month (18% per annum).

Why us

Income and Growth

Investment objective to deliver target monthly USD dividends of 1.5% while still capturing significant upside.

Convenience

Simple vehicle removes administrative hassle and expertise of managing BTC and selling options.

Liquidity

Bi-monthly redemption periods with no lockup. WBIG will be tokenized in the future to allow for 24/7 trading.

Security

State of the art custodians and counterparties reduce risk and safely protect digital assets in the fund.

Hedged Volatility

WBIG investors may profit while being protected against volatility, allowing highly risk-managed exposure to BTC.

Tax Efficient*

Designed to enable Bitcoin cost-basis to roll over upon investment for U.S. investors.
*Wave Financial recommends that potential investors seek professional tax counsel

Target return
0%

per annum

Employs Covered Call Strategy by holding funds in BTC and selling Call options monthly
Targeting 1.5% monthly dividend (18% pa) while capturing up to 20% of monthly price appreciation, paid out monthly or reinvested.

How it works

01

Investors retain Bitcoin exposure through BTC held in the fund.
02

At the end of each month, our Fund Manager sells one-month call options backed by the Bitcoin held in the fund.
03

We collect a premium from option sales, and pass that premium through to investors in the form of a monthly dividend.

WBIG Perfomance

Nov 2019 - April 2021

0%

management fee on NAV

0%
fee on premium
0%
of original investment

High Yield

WBIG targets an annual 18% yield* through the sale of ~20% out of the money BTC options.

Stable Returns

WBIG strives to smooth out the volatile BTC return profile by converting that volatility into high yield.

Trusted Service Providers

Forbes
Forbes
Forbes
Forbes
Forbes
Forbes
Forbes

Learn More

Bitcoin Income Fund

Other products and services

Index Fund

Wave Select 5 Digital Fund provides exposure to one of the best performing asset classes of the last 5 years

Real Asset Fund

Wave Whiskey 2020 Digital Fund, the world’s first tokenized whiskey barrel fund that captures value appreciation associated with the aging of Kentucky whiskey, designed to be recession resistant

Active VC Fund

Wavemaker Genesis is an actively-managed liquid VC fund investing in crypto-assets since 2018 (spun out of Wavemaker Partners, a $400m traditional tech VC firm)

Wealth Management

Your ultimate solution for digital asset portfolio management, combining custody, execution, and tailored investment strategies.

Protocol Inventory Management

Advanced treasury solutions including managed liquidations, staking, and derivatives support - all provided by our 24/7 global trading team.