Grayscale has introduced the Ethereum Covered Call ETF (ETCO), a new investment product that offers exposure to Ethereum (ETH) while generating income. This fund expands Grayscale’s portfolio of income-focused crypto products and strengthens its position as a leading provider of such investments. 2023 has seen strong performance for ETH, driving demand for balanced investment options. ETCO combines the potential for capital gains with regular income through a covered call strategy. It generates this income by selling call options on Ethereum-linked exchange-traded products (ETPs), capturing extra revenue from market volatility. This income is then shared with investors. By leveraging options, ETCO offers investors exposure to ETH price swings without the need for direct trading. 2023’s strong momentum in ETH has fueled investor interest in ETCO. It aims to provide both long-term growth potential and a consistent income stream, making it attractive to those seeking to balance risk and reward. This fund joins Grayscale’s growing list of income-focused crypto products, including the Bitcoin Covered Call ETF (BTCC). These strategies demonstrate Grayscale’s commitment to providing investors with exposure to both ETH and income generation opportunities through their investments in crypto. ETCO’s launch coincides with Ethereum’s price surge, which has seen gains exceeding 77% over the past 90 days. This positive momentum is fueled by optimistic market conditions and hopes for a stronger economy.