Grayscale Launches Ethereum Covered Call ETF for Income-Oriented Investors

Grayscale has launched a new Ethereum-focused Exchange Traded Fund (ETF) called ETCO designed to provide investors with consistent income from Ethereum volatility. This product is an alternative to directly owning Ether, offering income generation without the full potential of upside gains. Instead of holding ETH directly, ETCO writes call options on Ethereum-based exchange-traded products like the Grayscale Ethereum Trust (ETHE) and Ethereum Mini Trust (ETH). The premiums received from these calls are paid out every two weeks, creating a stable income stream that smooths out Ethereum’s price swings. )