Grayscale Investments has launched two new Bitcoin ETFs to capitalize on Bitcoin's price volatility.
New ETFs by Grayscale
Grayscale has introduced Grayscale Bitcoin Covered Call ETF (BTCC) and Grayscale Bitcoin Premium Income ETF (BPI), designed to help investors profit from Bitcoin's volatility.
BTCC and BPI Strategies
BTCC employs a covered call strategy to profit from Bitcoin's price swings. Meanwhile, BPI sells options at higher prices to balance growth potential and provide regular income. "BPI allows investors to participate in Bitcoin's growth potential while earning dividends," stated Grayscale.
Other Grayscale Initiatives
Grayscale has filed for a multi-cryptocurrency ETF and awaits approval for other crypto-ETFs. The company is actively expanding its crypto product portfolio.
These new ETFs from Grayscale offer investors alternative ways to earn from Bitcoin without owning it directly, promising a steady income source unlinked to traditional markets.
