灰度投資推出了兩個新的比特幣（BTC）交易所交易資金（ETFS）

Grayscale Investments通過加密貨幣資產管理服務為投資者創造了兩項新的交易所交易資金（ETF）。

Grayscale Investments, renowned for its cryptocurrency asset management service, has unveiled two new exchange-traded funds (ETFs) to generate income for investors. The products from Grayscale, known for its Bitcoin Trust ETF (GBTC) and Bitcoin Mini Trust ETF (BTC), introduce a unique twist with covered call writing strategies.

以其加密貨幣資產管理服務而聞名的Grayscale Investments已揭露了兩項新的交易所交易資金（ETF），以為投資者帶來收入。 Grayscale的產品以其比特幣信託ETF（GBTC）和比特幣Mini Trust ETF（BTC）而聞名，它引入了獨特的轉折，並具有覆蓋的呼叫寫作策略。

These offerings, Grayscale Bitcoin Covered Call ETF (BTCC) and Grayscale Bitcoin Premium Income ETF (BPI), are designed to yield income while enabling Bitcoin volatility exposure.

這些產品，灰比特幣覆蓋的呼叫ETF（BTCC）和灰比特幣保費收入ETF（BPI），旨在產生收入，同時實現比特幣波動率的暴露。

New Bitcoin ETFs Cater to Different Investor Goals

新的比特幣ETF滿足不同的投資者目標

These newly available ETFs, part of Grayscale's expanding lineup, implement different investment approaches to meet investors’ diverse requirements. The Grayscale Bitcoin Covered Call ETF (ticker: $BTCC) delivers primary benefits through its income generation strategy.

這些新的ETF是Grayscale不斷擴大的陣容的一部分，它實施了不同的投資方法，以滿足投資者的各種要求。灰度比特幣覆蓋的呼叫ETF（股票：$ btcc）通過其收入產生策略提供了主要收益。

Moreover, the ETF generates income by writing call options close to the spot price of Bitcoin.

此外，ETF通過編寫接近比特幣的現貨價格來產生收入。

Investors who implement this strategy earn premiums from options contracts leading to periodic cash flow income. Premiums earned through these calls provide double benefit as they protect market losses and provide smoother income streams in a market decline. The strategy works towards constant earnings by prioritizing income stability from Bitcoin price fluctuations.

實施此策略的投資者從期權合同中獲得保費，導致定期現金流量收入。通過這些電話獲得的保費在保護市場損失並在市場下降的情況下提供了更平穩的收入來源，從而為它們提供了雙重收益。該策略通過優先考慮比特幣價格波動的收入穩定性來實現持續收益。

In contrast the Bitcoin Premium Income ETF (BPI) presents investors with a dual-benefit strategy compared to other Bitcoin financial products. BPI generates income through call options although it focuses on out-of-the-money options to enhance Bitcoin price appreciation potential. BPI shareholders benefit from Bitcoin price appreciation through capital gains and premium income as dividends.

相比之下，比特幣溢價收入ETF（BPI）與其他比特幣金融產品相比，投資者提供了雙重效果策略。 BPI通過呼叫選項產生收入，儘管它專注於貨幣外的選項，以提高比特幣價格升值的潛力。 BPI股東通過資本利得和溢價收入作為股息而受益於比特幣價格讚賞。

The investment strategy provides users with a balanced approach to generating income and capturing Bitcoin’s value appreciation as it suits investors who need Bitcoin exposure and regular income.

該投資策略為用戶提供了平衡的方法來產生收入並捕獲比特幣的價值升值，因為它適合需要比特幣敞口和常規收入的投資者。

Strategic Innovation in the Bitcoin ETF Market

比特幣ETF市場的戰略創新

The ETFs follow Bitcoin exchange-traded products (ETPs) where Bitcoin Trust ETF (GBTC) and Bitcoin Mini Trust ETF (BTC) are the asset manager’s products. The market’s growing institutional interest in Bitcoin exposure benefits from the asset manager’s innovative Bitcoin ETF strategy through systematic call writing. However, the cryptocurrency market shows ongoing volatility in this period BTCC and BPI have joined as two new ETFs. Investors can use Bitcoin market price movements because of its fluctuations.

ETF遵循比特幣交換產品（ETP），其中比特幣信任ETF（GBTC）和比特幣迷你信託ETF（BTC）是資產管理器的產品。市場對比特幣暴露的機構興趣不斷增長，從資產經理的創新比特幣ETF策略中受益於系統的呼叫寫作。但是，加密貨幣市場顯示在此期間，BTCC和BPI的持續波動已成為兩個新的ETF。由於其波動，投資者可以使用比特幣市場價格變動。

Additionally, Grayscale has increased its focus on covered call strategies as investors need products that offer income generation and Bitcoin exposure. The asset manager introduced the Bitcoin ETFs to provide various investor opportunities by offering coverage options that balance income generation with Bitcoin market value appreciation. The funds function through active management with fully options-based approaches and operate with planned monthly distribution of funds.

此外，Grayscale提高了對呼叫策略的關注，因為投資者需要提供創收和比特幣敞口的產品。資產經理介紹了比特幣ETF，以提供各種投資者的機會，通過提供將收入產生與比特幣市場價值讚賞的覆蓋範圍。資金通過主動管理提供了完全基於期權的方法，並通過計劃的每月分配資金運作。

Further, Grayscale is seeking U.S. Securities and Exchange Commission endorsement to convert its Digital Large Cap Fund into an ETF alongside its new ETF offerings. Grayscale expands its portfolio by adding new investment products showing its dedication to providing diverse solutions for investors focused on Bitcoin and digital currencies.

此外，Grayscale正在尋求美國證券和交易委員會的認可，將其數字大型CAP基金與其新的ETF產品一起轉換為ETF。 Grayscale通過添加新的投資產品來擴展其投資組合，以表明其致力於為專注於比特幣和數字貨幣的投資者提供多樣化的解決方案。