Amplify Solana 3% Monthly Option Income ETF
Data updated: 2026-08-28
C000264538 — Amplify Solana 3% Monthly Option Income ETF. United States Small Cap Value Equity · $1.42M AUM. Holdings, fees, performance and SEC filings.
C000264538 Fund Overview
Amplify Solana 3% Monthly Option Income ETF is a US ETF managed by Amplify ETF Trust, categorised as United States Small Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Amplify ETF Trust
- Category: United States Small Cap Value Equity
- Assets under management: $1.42M
- SEC CIK: 0001633061
- SEC series ID: S000095789
- Share class ID: C000264538
C000264538 Investment Objective and Strategy
Amplify Solana 3% Monthly Option Income ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Amplify ETF Trust.
Investment objective
The Amplify Solana 3% Monthly Option Income ETF seeks to balance high income and capital appreciation through investment exposure to the price return of SOL and a covered call strategy.
Principal investment strategy
The Fund seeks to participate in the price return of SOL (SOL Price) and to generate a high level of annualized option premium by selling options on U.S. -regulated ETFs that provide exposure to SOL (Solana ETPs). SOL is a digital asset that is created and transmitted through the operations of the peer -to-peer Solana network, a decentralized network of computers that operates on cryptographic protocols. As further described below, the Fund expects to sell call options that are approximately 5 -10 % out of the money with targeted maturities of one week or less, on Solana ETPs that derive exposure to SOL through investments in exchange -traded futures contracts that utilize SOL as a reference asset (Solana Futures ETFs) and Solana ETPs that hold SOL directly (Solana Spot ETFs). The Fund will seek to vary its option selling each week to a level sufficient to generate 36% annualized option premium (the Target Option Premium), based upon the NAV of the Fund each time the Fund sells the weekly options contracts.
Please note that there is no guarantee the Fund will achieve the Target Option Premium in any given year. While the Fund seeks to generate the Target Option Premium, the actual premium earned during a one -year period will depend on the NAV of the Fund each time the Fund sells the weekly option contracts. Therefore, the actual premium income generated over a one -year period could be higher or lower than the Target Option Premium, depending on changes in the Funds NAV over time. If the NAV of the Fund remains level or decreases during any one -year period, the annualized premium generated by the Fund may be significantly less than the Target Option Premium for that time period. The Target Option Premium is not a projection or guarantee of the Funds future performance or total return. Notwithstanding any distributions of premium income or the realization of the Funds options strategies, shareholders may still experience losses if the Funds investment exposure to Solana ETPs perform poorly.
Additionally, distributions paid to shareholders may vary annually. The Fund expects to make distributions from the premium income generated from its call writing strategy, if any, on a monthly basis. Distributions in excess of the Funds current and accumulated earnings and profits will be treated as a return of capital. Return of capital reduces a shareholders costs basis in the Funds shares and will reduce the Funds NAV per share. The Fund expects that distributions will be comprised primarily of amounts attributable to the Target Option Premium. The Fund is not targeting a specific rate of distribution. There is no guarantee that the Fund will make a distribution to shareholders in any given period. Amplify Investments LLC (Amplify Investments or the Adviser) serves as the investment adviser to the Fund.
Kelly Strategic Management, LLC (doing business as Kelly Intelligence) (Kelly Intelligence) and Penserra Capital Management LLC (Penserra, together with Kelly Intelligence, the Sub -Advisers ) serve as investment sub -advisers to the Fund. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in financial instruments that provide exposure to the SOL Price. The Funds portfolio holdings universe is described below. As of the date of this prospectus, the Fund intends to achieve its investment objective by investing in shares of a Solana Futures ETF and selling options on Solana Futures ETF, with investment exposure to Solana Spot ETFs subject to investments available to the Fund. Principal Holdings Portfolio Holdings Investment Description Expected Maturity Long Exposure Shares of Solana ETPs A portion of the Funds long exposure to the SOL Price will come through the Fund owning shares of the Solana Futures ETFs and/or shares of the Solana Spot ETFs.
N/A Solana ETP Options The Fund will use options that reference a Solana Futures ETF or Solana Spot ETF (each, a Solana ETP Option and collectively, the Solana ETP Options) for synthetic exposure to the corresponding Solana ETP. The Fund may use the combination of purchasing call options and selling put options generally in the same amount, at the same strike price with the same expiration or may purchase an in-the-money call option. This synthetically creates the upside and downside participation in the SOL Price, as represented by the Solana ETP. 1 year or less Covered Call Writing Solana ETP Options Call options are sold on corresponding Solana Futures ETFs or Solana Spot ETFs approximately 5-10% out-of-the-money (i.e. the strike price is above the strike price of the corresponding sold call) to generate an annualized premium of 36%.
The Fund will vary the percentage of its portfolio on which it sells options in order to achieve this level of premium. One week or less U.S. Treasuries U.S Treasuries and Cash Multiple series of U.S. Treasury Bills supported by the full faith and credit of the U.S. government. These instruments are used as collateral for the Solana ETP Options. 1-month to 2-year maturities SOL Price Exposure. The Fund will obtain investment exposure to the SOL Price by investing in Solana ETPs (which may include Solana Futures ETFs, Solana Spot ETFs or a combination of the two) that provide investment exposure to the SOL Price or by buying and selling a combination of Solana ETP Options that reference a Solana Futures ETF or Solana Spot ETF. Solana Spot ETFs are exchange -traded investment products not registered under the Investment Company Act of 1940, as amended (the 1940 Act), that reflect the price of SOL, before fees and expenses, by purchasing and storing SOL in a digital vault and issuing exchange -listed shares that correspond to the price of SOL it holds and trade intra -day on a national securities exchange.
Solana Spot ETFs are passively managed and their sponsors do not actively manage the exposure to SOL held by the Solana Spot ETF. Solana Futures ETFs are exchange -traded investment products registered under the 1940 Act that seek investment results that correspond to the performance of SOL primarily through investments in SOL futures contracts. Solana Futures ETFs are actively managed and invest in SOL futures contracts in order to gain price exposure to SOL. Additional information regarding the Solana ETPs is available in Additional Information Regarding the Funds Principal Investment Strategies. The Fund may invest in shares of the Solana ETPs indirectly through a wholly -owned subsidiary of the Fund organized under the laws of the Cayman Islands (the Subsidiary). Except as noted herein, for purposes of this Prospectus, references to the Funds investment strategies and risks include those of the Subsidiary.
Because the Fund intends to qualify for treatment as a regulated investment company (RIC) under Subchapter M of the Internal Revenue Code of 1986, as amended (the Code), the size of the Funds investment in the Subsidiary will not exceed 25% of the Funds total assets at each quarter end of the Funds fiscal year. See Cayman Subsidiary below for additional information. In addition to its investments in Solana ETPs, the Fund expects to also obtain exposure to the SOL Price by buying and selling a combination of Solana ETP Options that reference a Solana Spot ETF and/or a Solana Futures ETF. In general, put options give the holder (i.e., the buyer) the right to sell an asset (or deliver the cash value of the asset, in case of certain put options) and the seller (i.e., the writer) of the put has the obligation to buy the asset (or receive cash value of the asset, in case of certain put options) at a certain defined price (the strike price).
Call options give the holder (i.e., the buyer) the right to buy an asset (or receive cash value of the asset, in case of certain call options) and the seller (i.e., the writer) the obligation to sell the asset (or deliver cash value of the asset, in case of certain call options) at a certain defined strike price. The Funds options exposure to the Solana ETPs is considered to be synthetic. The synthetic exposure may be created through the combination of purchasing call options and selling put options generally in the same amount, at the same strike price with the same expiration. This combination synthetically creates the upside and downside participation in the SOL Price, as represented by the Solana ETP. The Fund will primarily gain exposure to increases in value experienced by the Solana ETP through the purchase of call options.
As a buyer of these options, the Fund pays a premium to the seller of the options. The Fund will primarily gain exposure to decreases in the SOL Price experienced by the Solana ETP through the sale of put options. As the seller of these options, the Fund receives a premium from the buyer of the options. In combination, the purchased call and sold put options generally provide exposure to the SOL Price both on the upside and downside. Alternatively, the Fund may purchase an in -the-money call option to synthetically participate in the upside and downside participation in the SOL Price as represented by the Solana ETP. Target Option Premium. The Fund seeks to generate the Target Option Premium by selling Solana ETP Options contracts. The Fund will target options contracts with a one week or less expiration.
The Fund sells call option contracts at approximately 5 -10 % above the then -current value of a Solana ETP, also known as out -of-the-money . In seeking to obtain the Target Option Premium, the Fund varies the size of the written call option contract attributable to the Solana ETP in order to generate this sought -after Target Option Premium based upon the NAV of the Fund at the time the Fund writes the call options. Factors that impact the amount of premium generated in a written call option contract include: (i) time to expiration; (ii) strike price; and (iii) volatility of the underlying asset. The Fund sells new call option contracts each week that seek the Target Option Premium upon the expiration of its sold option contract. The amount of the portfolio that the Fund writes options on will vary depending on a variety of factors, but under normal circumstances, the Fund expects to write options on 60% or less of its portfolio.
By selling out -of-the-money call options, the Fund will participate in any gains of the SOL Price up to the strike price of the sold call option contract and will forfeit any of the upside market appreciation (if any) experienced by the Solana ETP for which the options are written in exchange for premium received. This strategy effectively converts a portion of the potential upside SOL Price return growth into current income. In a traditional covered call strategy, an investor (such as the Fund) writes a call option on a security it owns. However, the Fund expects to derive exposure to Solana ETPs through the use of Solana ETP Options that use the Solana ETPs as the reference asset. This distinction causes the Funds strategy to be commonly referred to as a synthetic covered call strategy as opposed to a traditional covered call strategy, because the Fund expects to have synthetic exposure to the SOL Price through Solana ETP Options.
While the Fund seeks to generate the Target Option Premium, the actual premium earned during a one -year period will depend on the NAV of the Fund at the time the options are sold. Therefore, the actual premium income generated over a one -year period could be higher or lower than the Target Option Premium, depending on changes in the Funds NAV over time. If the NAV of the Fund remains level or decreases during any one -year period, the annualized premium generated by the Fund may be significantly less than the Target Option Premium for that time period.
C000264538 Holdings
Top 8 holdings of Amplify Solana 3% Monthly Option Income ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Bitwise Solana Staking ETF | 23.17% |
| Treasury Bill | 21.09% |
| Treasury Bill | 14.03% |
| Treasury Bill | 10.52% |
| Treasury Bill | 3.51% |
| Treasury Bill | 3.51% |
| Invesco Government & Agency Po | 2.70% |
| Treasury Bill | 1.96% |
C000264538 Portfolio Allocation
Asset-class allocation of Amplify Solana 3% Monthly Option Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 54.6% |
| Equity | 23.2% |
| Derivatives | 19.2% |
| Cash & Equivalents | 2.7% |
C000264538 Performance
Total returns for C000264538 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -46.1% |
C000264538 Costs and Fees
C000264538 costs about $75 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.75%
- Gross expense ratio: 0.75%
C000264538 Cashflows
Over the 12 months to 2026-06, Amplify Solana 3% Monthly Option Income ETF had net inflows of $2.38M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $183.97K |
| 2026-05 | $598.24K |
| 2026-04 | −$216.95K |
| 2026-03 | $591.11K |
| 2026-02 | $0 |
| 2026-01 | $727.65K |
C000264538 Debt Constituents
Largest debt holdings of Amplify Solana 3% Monthly Option Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 21.09% |
| Treasury Bill | 14.03% |
| Treasury Bill | 10.52% |
| Treasury Bill | 3.51% |
| Treasury Bill | 3.51% |
| Treasury Bill | 1.96% |
C000264538 Prospectus and SEC Filings
Official Amplify Solana 3% Monthly Option Income ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Small Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.