Grayscale Introduces New Ethereum Covered Call ETF for Income Generation

Grayscale has launched a new investment vehicle, the Grayscale Ethereum Covered Call ETF (ETCO), designed to provide investors with exposure to Ethereum while generating consistent income. This innovative fund offers biweekly dividends on ETH holdings and leverages call option strategies to maximize returns. 💰 The introduction of ETCO marks another step for Grayscale in expanding its portfolio of income-oriented funds, following the successful launch of Bitcoin Covered Call ETF (BTCC) and Premium Income ETF (BPI).