Just noticed REX Shares dropped a new ETF called GIF that's pretty interesting for income hunters. They basically bundled together nine stocks including crypto plays like MicroStrategy and Coinbase into one product that does covered calls for weekly payouts. Each position gets about 1.25x leverage, so it's targeting some income generation through option premiums. Trades on Cboe if you want to check it out.

MicroStrategy keeps making moves too. The company now holds 717.722 BTC which is roughly 3.4% of total supply - basically the biggest institutional holder at this point. Stock's been rough though, down 60% in six months. Meanwhile 21Shares launched an ETP in Europe giving investors exposure to their preferred stock, and some corporate treasuries are starting to allocate to it. That's the kind of institutional adoption signal people watch for.

On the BTC side, price is sitting around $66.62K, down about 3.64% in the last day. RSI is at 39.92 so we're in oversold territory which could signal a bounce. Support levels worth watching are $65,719 and $63,415. Resistance sits at $68,141 and then $78,962 for a bigger move. The interesting thing is BTC perpetuals are up 8.40% and we just got a positive weekly candle, so there's some divergence happening between spot weakness and derivatives strength. Could be setting up for a move either way. Just keeping an eye on it.