Grayscale’s new ETF targets income from Ethereum’s changing tides

Grayscale has introduced a new exchange-traded fund that aims to turn Ethereum’s price swings into regular income for investors. The product, called the Grayscale Ethereum Covered Call ETF (ETCO), launched on Sept. 4 and distributes dividends every two weeks. The firm said ETCO uses a covered call strategy instead of holding ETH directly. The firm The post Grayscale’s new ETF targets income from Ethereum’s changing tides appeared first on CryptoSlate.