灰度投资推出了两个新的比特币（BTC）交易所交易资金（ETFS）

Grayscale Investments通过加密货币资产管理服务为投资者创造了两项新的交易所交易资金（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.

以其加密货币资产管理服务而闻名的Grayscale Investments已揭露了两项新的交易所交易资金（ETF），以为投资者带来收入。 Grayscale的产品以其比特币信托ETF（GBTC）和比特币Mini Trust ETF（BTC）而闻名，它引入了独特的转折，并具有覆盖的呼叫写作策略。

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.

这些产品，灰比特币覆盖的呼叫ETF（BTCC）和灰比特币保费收入ETF（BPI），旨在产生收入，同时实现比特币波动率的暴露。

New Bitcoin ETFs Cater to Different Investor Goals

新的比特币ETF满足不同的投资者目标

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.

这些新的ETF是Grayscale不断扩大的阵容的一部分，它实施了不同的投资方法，以满足投资者的各种要求。灰度比特币覆盖的呼叫ETF（股票：$ btcc）通过其收入产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通过编写接近比特币的现货价格来产生收入。

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.

实施此策略的投资者从期权合同中获得保费，导致定期现金流量收入。通过这些电话获得的保费在保护市场损失并在市场下降的情况下提供了更平稳的收入来源，从而为它们提供了双重收益。该策略通过优先考虑比特币价格波动的收入稳定性来实现持续收益。

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，比特币溢价收入ETF（BPI）与其他比特币金融产品相比，投资者提供了双重效果策略。 BPI通过呼叫选项产生收入，尽管它专注于货币外的选项，以提高比特币价格升值的潜力。 BPI股东通过资本利得和溢价收入作为股息而受益于比特币价格赞赏。

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.

该投资策略为用户提供了平衡的方法来产生收入并捕获比特币的价值升值，因为它适合需要比特币敞口和常规收入的投资者。

Strategic Innovation in the Bitcoin ETF Market

比特币ETF市场的战略创新

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遵循比特币交换产品（ETP），其中比特币信任ETF（GBTC）和比特币迷你信托ETF（BTC）是资产管理器的产品。市场对比特币暴露的机构兴趣不断增长，从资产经理的创新比特币ETF策略中受益于系统的呼叫写作。但是，加密货币市场显示在此期间，BTCC和BPI的持续波动已成为两个新的ETF。由于其波动，投资者可以使用比特币市场价格变动。

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提高了对呼叫策略的关注，因为投资者需要提供创收和比特币敞口的产品。资产经理介绍了比特币ETF，以提供各种投资者的机会，通过提供将收入产生与比特币市场价值赞赏的覆盖范围。资金通过主动管理提供了完全基于期权的方法，并通过计划的每月分配资金运作。

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正在寻求美国证券和交易委员会的认可，将其数字大型CAP基金与其新的ETF产品一起转换为ETF。 Grayscale通过添加新的投资产品来扩展其投资组合，以表明其致力于为专注于比特币和数字货币的投资者提供多样化的解决方案。