Global X Launches New Bitcoin Covered Call ETF for Income Exposure

Global X Management Company LLC has introduced a new exchange-traded fund (ETF) designed to provide investors with regular income exposure to Bitcoin without requiring direct ownership of the cryptocurrency. The Global X Bitcoin Covered Call ETF (BCCC) employs a covered call strategy, writing options on Bitcoin Exchange-Traded Products (ETPs). This approach generates consistent premium income, distributed regularly to investors. 💰