Grayscale Launches Ethereum Covered Call Options ETF (ETCO)

Grayscale announced the launch of the Grayscale Ethereum Covered Call Option ETF (ticker: ETCO). The fund pays dividends twice a month (on the 15th and 30th) through a systematic covered call option strategy, but does not invest directly in Ethereum. It only indirectly obtains Ethereum-related exposure through derivatives and ETPs.