Grayscale Introduces Two New Bitcoin ETFs Focused on Income Generation

Grayscale Investments has launched two new Bitcoin exchange-traded funds (ETFs) designed to generate passive income for investors. The Bitcoin Covered Call ETF and the Bitcoin Premium Income ETF offer distinct approaches to capitalizing on Bitcoin’s price fluctuations. The Bitcoin Covered Call ETF utilizes a call option strategy, aiming to generate regular monthly payouts through exploiting Bitcoin’s price volatility. **Conversely, the Bitcoin Premium Income ETF** prioritizes both income generation and long-term growth by tracking the performance of Bitcoin ETPs (Exchange Traded Products). Grayscale will actively manage these funds, distributing income tied to GBTC and BTC products on a monthly basis. In addition to these new offerings, Grayscale is exploring the conversion of its Digital Large Cap Fund into an ETF, further diversifying its portfolio.