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Grayscale launches Bitcoin Covered Call and Bitcoin Premium Income ETFs

  • Grayscale has launched two exchange-traded funds, Bitcoin Covered Call ETF (BTCC) and Bitcoin Premium Income ETF (BPI).
  • BTCC focuses on income generation and uses call options to collect premiums and maintain exposure to Bitcoin's price movements.
  • BPI aims to strike a balance between income and capital appreciation by utilizing an options strategy targeting out-of-the-money strike prices.
  • The launch of these ETFs coincides with a period of significant Bitcoin market activity amid anticipation of tariff announcement by President Donald Trump.

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