Global X has unveiled a new investment vehicle aimed at generating passive income from the volatile Bitcoin market. The company’s Bitcoin Covered Call ETF, ticker BCCC, utilizes an options strategy on Bitcoin ETFs to generate returns without directly holding the asset itself. This actively managed fund aims to balance risk and reward by selling call options weekly to earn premium income, which is then partially distributed to investors. This latest offering expands Global X’s portfolio of over 25 income-focused ETF products designed to provide a strategic approach to Bitcoin investment that seeks to mitigate price fluctuations while generating consistent returns.