Grayscale has filed an updated prospectus for its Bitcoin Covered Call ETF
On November 19th, Bloomberg ETF analyst James Seyffart wrote that after Grayscale received approval for BTC ETF options, it submitted an updated prospectus for the Bitcoin Covered Call ETF (which currently does not have a trading code).
The fund will provide investment in GBTC (Grayscale Bitcoin Trust) and BTC (Bitcoin Mini Trust), while generating income through the buying and selling of options contracts on Bitcoin ETP.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Standard Chartered says institutional investors could punt bitcoin to $200,000 but curb intensity of altcoin season
Institutional investors are expected to moderate the intensity of any upcoming altcoin season by favoring bitcoin and ether, potentially driving their prices to new highs, an analyst said.This, coupled with the introduction of innovative investment products like buffered ETFs, signals a maturing crypto market where institutional influence plays a key role.
Blockchain analytics platform bitsCrunch launches $5 million ecosystem grant program
ByteDance: Capital expenditure in 2025 will exceed 150 billion yuan. This information is false.
Solana's monthly DEX trading volume exceeds $200 billion
Trending news
MoreCrypto prices
More
