標題：Grayscale Investments推出了兩個新的比特幣（BTC）以結果為導向的交易所交易基金（ETFS）

主要的加密資產經理Grayscale Investments宣布了兩個新的面向比特幣結果的交易所交易基金（ETFS）。

Major cryptocurrency asset manager Grayscale Investments has announced two new Bitcoin outcome-oriented exchange-traded funds (ETFs).

主要的加密資產經理Grayscale Investments宣布了兩項新的面向比特幣結果的交易所交易基金（ETFS）。

According to an April 2 announcement, the new products are the Grayscale Bitcoin Covered Call ETF (BTCC) and the Grayscale Bitcoin Premium Income ETF (BPI). According to an email sent to Cointelegraph, the two new Bitcoin (BTC) funds are meant to generate revenue by harnessing BTC volatility:

根據4月2日的公告，新產品是灰比特幣覆蓋的呼叫ETF（BTCC）和灰比特幣保費收入ETF（BPI）。根據發送給Cointelegraph的電子郵件，這兩個新的比特幣（BTC）資金旨在通過利用BTC波動來產生收入：

A complex derivative product

複雜的衍生產品

The Bitcoin Covered Call product seeks to capture the highest premiums and maximize potential income. Grayscale suggests that it may serve as a complement to Bitcoin exposure.

比特幣覆蓋的呼叫產品旨在捕獲最高的保費並最大程度地提高潛在收入。灰度表明，它可以作為比特幣暴露的補充。

The fund's strategy involves systematically writing calls very close to spot prices. The hope is that, due to Bitcoin’s historically high volatility, it would generate income through paid call generation.

該基金的策略涉及非常接近現貨價格的系統編寫電話。希望，由於比特幣歷史上的波動性高，它將通過付費呼叫產生收入。

On the other hand, the Bitcoin Premium Income product seeks to balance upside participation with a degree of income generation. This is meant to act as an alternative to direct Bitcoin ownership and seeks a balance between growth and income generation.

另一方面，比特幣高級收入產品試圖在收入的一定程度上平衡上升參與。這旨在作為直接比特幣所有權的替代方案，並尋求增長與收入之間的平衡。

This fund systematically writes calls targeting strike prices well out-of-the-money on Bitcoin ETFs, including Grayscale Bitcoin Trust (GBTC) and Grayscale Bitcoin Mini Trust (BTC). The announcement reads:

該基金系統地將目標定為罷工價格的撥號符合比特幣ETF，包括灰度比特幣信託（GBTC）和灰度比特幣Mini Trust（BTC）。公告示為：

Grayscale Investments promises that both the new products will allow for a differentiated source of revenue that “delivers an uncorrelated source of income for investors.” Furthermore, the new derivatives will feature monthly distributions and systematic options management.

Grayscale Investments承諾，這兩種新產品都將允許差異化的收入來源，“為投資者提供無關的收入來源。”此外，新的衍生品將每月分佈和系統選項管理。

Just the latest grayscale filing

只是最新的灰度文件

Earlier this week, Grayscale also filed to list an exchange-traded fund (ETF) holding a diverse basket of spot cryptocurrencies. This new product includes Bitcoin, Ether (ETH), XRP, Solana (SOL) and Cardano (ADA).

本週早些時候，Grayscale還申請列出一筆交易所交易基金（ETF），持有各種各樣的現貨加密貨幣。該新產品包括比特幣，Ether（Eth），XRP，Solana（Sol）和Cardano（ADA）。

In late March, the US stock exchange Nasdaq filed to the US Securities and Exchange Commission (SEC) seeking permission to list Grayscale Investments’ spot Avalanche ETF. Grayscale’s website lists 28 crypto products, of which 25 are single-asset derivatives, and three are diversified.

3月下旬，美國證券交易所納斯達克（NASDAQ）提交給美國證券交易委員會（SEC），尋求許可以列出灰度投資的現貨雪崩ETF。 Grayscale的網站列出了28種加密產品，其中25種是單資產衍生產品，三個是多元化的。

Grayscale is also among the asset managers currently waiting for the approval of its XRP spot ETF, as well as other products. Among those products, we can find the spot Cardano ETF filing and its Litecoin Trust conversion to an ETF.

Grayscale也是目前正在等待其XRP Spot ETF以及其他產品批准的資產經理之一。在這些產品中，我們可以找到Cardano ETF申請及其Litecoin Trust轉換為ETF。