BlockBeats news, on April 2, according to official information, Grayscale Investments announced the launch of the Grayscale Bitcoin Covered Call Options ETF (code: BTCC) and the Grayscale Bitcoin Premium Yield ETF (code: BPI).

It is reported that these two funds are the first exchange-traded funds (ETFs) under Grayscale to adopt a covered call options strategy, aiming to create differentiated sources of returns for investors through the volatility characteristics of Bitcoin.

BTCC primarily seeks stable returns while participating in price fluctuations through Bitcoin-related options. The fund earns premiums by selling call options close to the current price and distributes dividends to investors monthly. This strategy is suitable for investors who want stable cash flow while profiting from Bitcoin volatility. The premium income can also provide some buffer during market downturns.

BPI aims to generate returns while retaining upside potential in Bitcoin by selling deep out-of-the-money call options. Investors can earn part of the option income and benefit from Bitcoin's potential appreciation. Both funds adopt an active options strategy and distribute dividends monthly. #土狗冲锋