Seattle, WA, October 2nd, 2025, FinanceWire
Milestone Highlights Continued Advisor and Investor Demand for Daily Income Strategy.
TappAlpha, a fintech-powered ETF issuer focused on making advanced investing strategies accessible, today announced that its flagship fund, the TappAlpha SPY Growth & Daily Income ETF (Nasdaq: TSPY), has surpassed $100 million in assets under management (AUM).
Launched in August 2024, TSPY has gained rapid traction with both advisors and retail investors by offering a differentiated approach to income generation—blending core S&P 500 exposure with an actively managed daily (0DTE – zero days to expiration) covered call overlay. This structure seeks to deliver consistent, tax-efficient income while preserving participation in broad market growth.
The fund seeks to distribute income monthly and is designed for forward-thinking investors and advisors seeking to tap the potential of their S&P 500 position. Since inception, TSPY has demonstrated resilience in volatile markets and has become a go-to solution for investors seeking consistent income from their core equity exposure.
TSPY is part of TappAlpha’s broader mission to make powerful investing strategies simple, transparent, and accessible — so more people can build wealth with confidence and purpose.The firm recently launched TDAQ, a sister fund to TSPY that applies the same daily income overlay to the NASDAQ 100, offering exposure to technology and innovation-focused names. TSPY and TDAQ are just the beginning — setting the stage for a growing lineup of strategies built to serve real investor needs.
TSPY is offered at a 0.68% management fee and is available across major retail brokerage platforms.
For more information on TappAlpha ETFs, users can visit TappAlphaFunds.com.
About TappAlpha
TappAlpha is a fintech-powered ETF issuer on a mission to make powerful investment strategies accessible to all investors. By combining innovation with simplicity, we build solutions designed to unlock income potential and strengthen long-term portfolios. Founded in 2023, TappAlpha is committed to making investing simple, actionable, and transparent — always putting investors first.
Disclosures
Investors should carefully consider the investment objectives, risks, charges and expenses of the ETFs identified on this site. This and other important information about the Fund are contained in the prospectus, which can be obtained by visiting tappalphafunds.com or by calling (844) 403-2888. The prospectus should be read carefully before investing.
Investing in securities involves risk, including the potential loss of principal. You could lose money by investing in the Fund and the Fund may not achieve its investment objectives.
ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF’s shares may trade at a premium or discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a Fund’s ability to sell its shares. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
The Fund invests in options contracts that are based on the value of the Index, including SPX and XSP options for TSPY and XND and NQX options for TDAQ. This subjects the Fund to certain of the same risks as if it owned shares of companies that comprised the Index, even though it does not own shares of companies in the Index. The Fund will have exposure to declines in the Index. The Fund is subject to potential losses if the Index loses value, which may not be offset by income received by the Fund. To the extent that the Fund invests in other ETFs or investment companies, the value of an investment in the Fund is based on the performance of the underlying funds in which the Fund invests and the allocation of its assets among those ETFs or investment companies. The Fund may incur high portfolio turnover to manage the Fund’s investment exposure. The Fund is classified as “non-diversified” under the 1940 Act.
As of the date of this prospectus, the Fund has no operating history and currently has fewer assets than larger funds. Like other new funds, large inflows and outflows may impact the Fund’s market exposure for limited periods of time. This impact may be positive or negative, depending on the direction of market movement during the period affected.
Due to the short time until their expiration, 0DTE options are more sensitive to sudden price movements and market volatility than options with more time until expiration. Because of this, the timing of trades utilizing 0DTE options becomes more critical.
Even a slight delay in the execution of 0DTE trades can significantly impact the outcome of the trade. 0DTE options may also suffer from low liquidity, making it more difficult for the Fund to enter into its positions each morning at desired prices. The bid-ask spreads on 0DTE options can be wider than with traditional options, increasing the Fund’s transaction costs and negatively affecting its returns. These risks may negatively impact the performance of the fund.
Distributor: Foreside Fund Services, LLC
Contact
TappAlpha
[email protected]
Source: https://finbold.com/tappalphas-flagship-etf-tspy-surpasses-100-million-in-aum/
