Ethereum Covered Call ETF Targets Biweekly Payouts | Crypto

Grayscale has launched the Ethereum Covered Call ETF (ETCO), an actively managed fund that writes call options on ETH ETPs to generate income with targeted biweekly distributions, trading part of upside. It has arrived as Bitcoin ETFs have seen inflows while Ethereum funds have recorded outflows. The post Grayscale Unleashes ETCO: Ethereum Covered Call ETF Targets Biweekly Payouts – With a Tradeoff appeared first on Cryptonews.