Grayscale has submitted an updated prospectus for its Bitcoin Covered Call ETF
PANews reported on November 19th that Bloomberg ETF analyst James Seyffart stated in an article: "Grayscale didn't waste any time after getting approval for their BTC ETF option. They have already submitted an updated prospectus for their Bitcoin Covered Call ETF (which currently does not have a trading code). This 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."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority