Grayscale launches two new Bitcoin outcome-oriented products

Quick Summary:

The announcement reads:“By focusing on this type of call writing strategy, BPI allows investors to participate in much of Bitcoin's upside potential while possibly benefiting from some dividend income.“Related: Bitcoin price gearing up for next leg of ‘acceleration phase’ — Fidelity researchGrayscale Investments promises that both the new products will allow for a differentiated source of revenue that “delivers an uncorrelated source of income for investors.” Furthermore, the new derivatives will feature monthly distributions and systematic options management.

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.

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).

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Article Details

Author / Journalist: Cointelegraph by Adrian Zmudzinski

Category: Crypto

Markets: United States

Topics: Spot Bitcoin Products Call Product Income Investments Seeks Fund Alternative Grayscale

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 15:36:07 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 403 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27543230

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