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Grayscale has filed an updated prospectus for its Bitcoin Covered Call ETF

Grayscale has filed an updated prospectus for its Bitcoin Covered Call ETF

CointimeCointime2024/11/19 14:23
By:Cointime

On November 19th, Bloomberg ETF analyst James Seyffart wrote that after Grayscale received approval for BTC ETF options, it submitted an updated prospectus for the Bitcoin Covered Call ETF (which currently does not have a trading code).

The fund will provide investment in GBTC (Grayscale Bitcoin Trust) and BTC (Bitcoin Mini Trust), while generating income through the buying and selling of options contracts on Bitcoin ETP.

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