Hamilton Capital Partners Inc. (“Hamilton ETFs”) has filed a preliminary prospectus with Canadian securities regulators for the Hamilton Enhanced Bitcoin DayMAX™ ETF (ticker BDAY). The fund aims to provide Bitcoin exposure combined with an actively managed covered‑call strategy to generate monthly, tax‑efficient income, pending regulatory approval and listing on Cboe Canada.
Hamilton ETFs Files Preliminary Prospectus for BDAY
The filing, dated May 21 2026, outlines the proposed structure of the Hamilton Enhanced Bitcoin DayMAX™ ETF. BDAY will issue Class E units and may employ up to approximately 25 % leverage through cash borrowings or other permitted means. The fund’s investment objective is to deliver attractive income while providing primary exposure to Bitcoin, using an ultra‑short‑term option strategy to mitigate risk and reduce volatility.
Positioning Within Hamilton’s DayMAX Suite
Hamilton ETFs describes BDAY as the latest addition to its DayMAX™ ETF suite, which it markets as Canada’s first 0‑day‑to‑expiration (0DTE) options ETFs. Co‑CEO Pat Sommerville highlighted the product’s timing, noting the filing coincides with the 16th anniversary of “Bitcoin Pizza Day,” a symbolic milestone in Bitcoin’s history. The company plans to seek conditional listing approval for BDAY on Cboe Canada under the same ticker.
Regulatory and Listing Timeline
The launch of BDAY is contingent on receipt of all required regulatory approvals, including listing approval from Cboe Canada. Prospective investors will not be able to purchase units until the Canadian securities regulators issue a final prospectus and the ETF begins trading on the exchange. A copy of the preliminary prospectus is available on www.sedarplus.ca.
Key Takeaways
- Hamilton ETFs filed a preliminary prospectus for the Hamilton Enhanced Bitcoin DayMAX™ ETF (ticker BDAY) on May 21 2026.
- BDAY will use up to ~25 % leverage and an actively managed, ultra‑short‑term covered‑call strategy to provide Bitcoin exposure and monthly income.
- The fund’s launch depends on regulatory and listing approvals from Canadian securities regulators and Cboe Canada.
FinanceInsyte's Take
Hamilton ETFs is extending its DayMAX™ platform into the cryptocurrency space, offering a leveraged, income‑focused Bitcoin product to Canadian investors. Execution now hinges on regulatory clearance, and market participants should monitor the approval process and any guidance on the fund’s leverage and option‑strategy risk profile.
Source: Businesswire
