Grayscale has submitted an updated prospectus for its Bitcoin Covered Call ETF
On November 19th, Bloomberg ETF analyst James Seyffart reported that Grayscale has submitted an updated prospectus for a Bitcoin Covered Call ETF after getting approval for its BTC ETF option. This fund will provide investment in GBTC (Grayscale Bitcoin Trust) and BTC (Bitcoin Mini Trust), while generating income through the purchase and sale of options contracts on Bitcoin ETPs. Currently, there is no trading code yet.
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
Bitdeer sold 179.9 BTC this week, with its bitcoin holdings falling below 1,000.
Fast food chain Steak 'n Shake will award bonuses to hourly employees in the form of bitcoin
Exchange Policy Head: Stablecoins Can Boost Dollar Demand and Drive Payment Modernization