📰 Global X Launches Bitcoin Covered Call ETF (Ticker: BCCC)
Asset management giant Global X has officially launched a new Bitcoin Covered Call ETF, trading under the ticker BCCC.
This actively managed fund does not directly hold Bitcoin, but instead uses a synthetic options strategy to take a long position on Bitcoin ETF products while simultaneously selling call options to generate premium income.
🔁 Key Features:
Weekly options execution for consistent income generation
Partial income distribution every week to investors
Aims to balance Bitcoin's price volatility with steady returns
This ETF joins Global X's suite of 25+ income-focused ETFs, designed for investors seeking both crypto exposure and regular income.
#MyCOSTrade #CUDISBinanceTGE #CUDISBinanceTGE #EDGENLiveOnAlpha #FTXRefunds