Grayscale推出了两个新的以比特币为主题的交易所交易基金（ETF），以创收为目标

Grayscale推出了两个新的以比特币为重点的交易所贸易资金（ETF），比特币覆盖的呼叫ETF（BTCC）和比特币溢价收入ETF（BPI）。

Grayscale has announced the launch of two new exchange-traded funds (ETFs) designed to offer investors income-generating opportunities through bitcoin exposure.

Grayscale宣布推出了两个新的交易所交易基金（ETF），旨在通过比特币敞口为投资者提供创收机会。

As announced in a press release on Wednesday, the Grayscale Bitcoin Covered Call ETF (BTCC) and Grayscale Bitcoin Premium Income ETF (BPI) employ covered call strategies to capitalize on bitcoin’s volatility and provide potential returns.

正如周三新闻稿所宣布的那样，灰比特币覆盖的呼叫ETF（BTCC）和灰比特币溢价收入ETF（BPI）采用了涵盖的呼叫策略来利用比特币的波动性并提供潜在的回报。

BTCC focuses on maximizing income by writing covered call options at a premium closely tied to BTC’s spot price. This approach may help mitigate downside risks during market downturns and is designed for investors who prioritize consistent cash flow.

BTCC专注于以与BTC的现货价格紧密相关的溢价来撰写覆盖的呼叫选项来最大化收入。这种方法可能有助于减轻市场下跌期间的下行风险，并专为优先级现金流优先级的投资者而设计。

In contrast, BPI adopts a more balanced strategy by writing covered call options at strike prices further out-of-the-money. This allows investors to retain some upside exposure to bitcoin’s price appreciation, similar to an ETF tracking the token itself, along with the benefit of dividend-like income.

相比之下，BPI通过以行使价格进一步撰写有的呼叫选项来采用更加平衡的策略。这使得投资者可以保留一些对比特币价格升值的上行接触，类似于跟踪令牌本身的ETF，并带来了类似股息的收入的好处。

“We understand that every investor has unique needs, and we’re excited to offer these new products that not only may capture and deliver income but also offer differentiated outcomes and behavioral characteristics tailored to their specific goals,” said David LaValle, Global Head of ETFs at Grayscale.

Grayscale全球ETF负责人David Lavalle说：“我们了解到每个投资者都有独特的需求，我们很高兴能提供这些新产品，不仅可以捕获和提供收入，而且还提供了针对其特定目标量身定制的差异化结果和行为特征。”

Both ETFs are actively managed, fully options-based, and aim to distribute income monthly. By leveraging bitcoin’s distinctive properties, these funds present investors with a new way to generate yield and participate in the broader crypto market.

两种ETF都是积极管理的，完全基于期权的，并旨在每月分配收入。通过利用比特币的独特财产，这些资金为投资者提供了一种新的方式来产生产量并参与更广泛的加密市场。