标题：Grayscale Investments推出了两个新的比特币（BTC）以结果为导向的交易所交易基金（ETFS）

主要的加密资产经理Grayscale Investments宣布了两个新的面向比特币结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).

主要的加密资产经理Grayscale Investments宣布了两项新的面向比特币结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:

根据4月2日的公告，新产品是灰比特币覆盖的呼叫ETF（BTCC）和灰比特币保费收入ETF（BPI）。根据发送给Cointelegraph的电子邮件，这两个新的比特币（BTC）资金旨在通过利用BTC波动来产生收入：

A complex derivative product

复杂的衍生产品

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.

比特币覆盖的呼叫产品旨在捕获最高的保费并最大程度地提高潜在收入。灰度表明，它可以作为比特币暴露的补充。

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.

该基金的策略涉及非常接近现货价格的系统编写电话。希望，由于比特币历史上的波动性高，它将通过付费呼叫产生收入。

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，比特币高级收入产品试图在收入的一定程度上平衡上升参与。这旨在作为直接比特币所有权的替代方案，并寻求增长与收入之间的平衡。

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:

该基金系统地将目标定为罢工价格的拨号符合比特币ETF，包括灰度比特币信托（GBTC）和灰度比特币Mini Trust（BTC）。公告示为：

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承诺，这两种新产品都将允许差异化的收入来源，“为投资者提供无关的收入来源。”此外，新的衍生品将每月分布和系统选项管理。

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).

本周早些时候，Grayscale还申请列出一笔交易所交易基金（ETF），持有各种各样的现货加密货币。该新产品包括比特币，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，美国证券交易所纳斯达克（NASDAQ）提交给美国证券交易委员会（SEC），寻求许可以列出灰度投资的现货雪崩ETF。 Grayscale的网站列出了28种加密产品，其中25种是单资产衍生产品，三个是多元化的。

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以及其他产品批准的资产经理之一。在这些产品中，我们可以找到Cardano ETF申请及其Litecoin Trust转换为ETF。