Grayscale launches two new Bitcoin outcome-oriented products

Major cryptocurrency asset manager Grayscale Investments announced two new Bitcoin outcome-oriented exchange-traded funds (ETFs). According to an April 2 announcement, the new products are the Grayscale Bitcoin Covered Call ETF (BTCC) and the Grayscale Bitcoin Premium Income ETF (BPI). According to an email sent to Cointelegraph, the two new Bitcoin (BTC) funds are meant to generate revenue by harnessing BTC volatility:“Both strategies may be considered as an alternative income stream that’s less correlated to traditional income-oriented investments. “A complex derivative productThe Bitcoin Covered Call product seeks to capture the highest premiums and maximize potential income source: https://cointelegraph.com/news/grayscale-launches-bitcoin-covered-call-and-premium-income-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound