Grayscale Investments has announced plans to introduce options trading for its spot bitcoin exchange-traded funds (ETFs), taking a page from Blackrock’s recent success with bitcoin ETF options. The options trading will begin on Wednesday morning. This initiative is designed to leverage a covered call strategy to generate additional income. Both the Bitcoin Trust (GBTC) and the Bitcoin Mini Trust ( BTC), managed by Grayscale, will support this new trading feature. “Grayscale is thrilled that options trading on both GBTC and BTC will begin tomorrow – further developing the ecosystem around our U.S.-listed bitcoin ETP,” the company shared on X. Leading up to the launch, bitcoin ( BTC) was trading steadily above $93,000, reaching $93,730 as of 7:19 a.m. EDT on Wednesday.
Grayscale Unveils Game-Changing Bitcoin ETF Options Strategy
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