According to BlockBeats, Bloomberg ETF analyst James Seyffart wrote that Grayscale has submitted an updated prospectus for the Bitcoin Covered Call ETF (there is currently no trading code) after the BTC ETF options were approved.
The fund will provide investment in GBTC (Grayscale Bitcoin Trust) and BTC (Bitcoin Mini Trust), while generating income through the purchase and sale of options contracts on Bitcoin ETPs.
