Hedgeye Unveils Hedgey Hedged Bitcoin ETF with Dynamic Options Strategy

Hedgeye Asset Management has launched the Hedgeye Hedged Bitcoin ETF (NYSE:HBIT), an actively managed fund designed to provide exposure to Bitcoin while reducing volatility and managing downside risk.

The fund primarily invests in U.S.-listed spot Bitcoin ETFs, including iShares Bitcoin Trust (NASDAQ:IBIT), rather than holding Bitcoin directly. It uses a dynamic options strategy driven by Hedgeye's proprietary Risk Range Signals to manage the fund's exposure.

This strategy can change as frequently as daily based on Bitcoin price trends, volatility, liquidity, and Hedgeye's signals. Unlike defined-outcome Bitcoin ETFs, HBIT has no stated upside cap or fixed 12-month outcome period.