Grayscale submits application for Ethereum Premium Income ETF, named 'Grayscale Ethereum Premium Income ETF', trading code and fee rate undisclosed, expected to take effect on April 9, 2025.
The fund creates synthetic positions based on Grayscale's Ethereum ETF, using a covered call option strategy to generate income. The information was shared by Bloomberg ETF analyst Eric Balchunas on the X platform.
