Grayscale has launched two new Bitcoin exchange-related funds (ETFs) and expanded his crypto investment suite with products aimed at generating income, according to a statement of 2 April shared with CryptoSlate.
The funds, grayscale Bitcoin cover Call ETF (BTCC) and Gray values Bitcoin Premium Income ETF (BPI) are designed to change Bitcoin’s volatility into a source of regular cash flow.
BTCC strives to generate high-yield efficiency by writing on call options in the vicinity of Bitcoin’s spot price. This covered call approach enables the fund to collect option premiums that have been distributed to investors. The strategy maximizes income and offers a more stable return profile in the midst of crypto market fluctuations.
By focusing on near-the-money calls, BTCC emphasizes consistent payouts instead of capital growth. This makes it attractive for investors looking for income in a volatile market without selling their bitcoin exposure directly.
In the meantime, BPI is taking a different route. It combines income generation with growth potential by writing on call options far from the money. This allows investors to earn option premiums and still participate in Bitcoin’s upward price movement.
Grayscale explained that both funds are actively managed and are completely dependent on option strategies. Investors can expect monthly income distributions, making these ETFs a potential suitable for those who want to diversify their crypto income flows.
David Lavalle, worldwide head of ETFs at Grayscale, noted that the new products offer investors a different value layer. He said these ETFs serve as an alternative to those who already have Bitcoin, but want to explore strategies that generate passive income.
Lavalle said:
“We understand that every investor has unique needs and we are pleased to offer these new products that can not only catch and deliver income, but also offer differentiated results and behavioral characteristics that are tailored to their specific goals.”
The move comes as crypto-linked investment products get a grip on American markets. In the past year, asset managers have introduced a wave of ETFs, including those associated with derivatives and sector -specific strategies, because the demand for exposure to crypto continues to rise.
