Regulatory
Cboe Canada Welcomes Listing of Hamilton Enhanced Bitcoin DayMAX(TM) ETF (BDAY)
Hamilton ETFs expands DayMAX suite with Canada's first Bitcoin 0DTE options ETF, targeting yield-seeking crypto investors.

Executive Summary
- Hamilton Capital Partners Inc. (Hamilton ETFs) announced the launch of the Hamilton Enhanced Bitcoin DayMAX™ ETF (ticker: BDAY).
- The fund is scheduled to begin trading on Cboe Canada on June 25, 2026.
- The ETF combines direct Bitcoin exposure with an actively managed 0DTE (zero days to expiration) options strategy and 25% leverage to generate semi-monthly, tax-efficient income.
- It differentiates itself from traditional Bitcoin covered call ETFs by avoiding the sale of call options on its underlying Bitcoin holdings.
- The initial Class E units offering has closed, and the fund is now available through standard investment channels.
Material Impact
- The launch represents an incremental product expansion for Hamilton ETFs, which already manages over $17 billion in assets.
- It targets a specific niche: Canadian investors seeking Bitcoin exposure with enhanced yield and reduced volatility via ultra-short-term options.
- The strategy relies on modest leverage and a proprietary options framework, which may attract income-focused crypto investors but introduces complexity and potential tracking error relative to spot Bitcoin.
- As a new ETF listing, it does not immediately impact Hamilton's consolidated revenue or profitability until assets under management (AUM) accumulate and management fees accrue.
- The listing on Cboe Canada, which handles ~15% of Canadian listed securities volume, provides adequate liquidity infrastructure but does not guarantee rapid AUM growth.
BDAY · Price
Company Overview
- Hamilton Capital Partners Inc. operates as Hamilton ETFs, a Canadian asset manager.
- The firm manages over $17 billion in assets and focuses on innovative, income-oriented ETF products.
- The company has been expanding its DayMAX™ suite, which utilizes options strategies to generate regular income distributions.
- BDAY represents the firm's entry into the crypto-asset income space, leveraging Bitcoin exposure combined with ultra-short-term options and modest leverage.