Positive
Seeking Alpha
1 year ago
Introducing The Global X Bitcoin Covered Call ETF
The Global X Bitcoin Covered Call ETF is an actively managed strategy that synthetically provides exposure to bitcoin ETPs, seeking to gain indirect exposure to the price returns of bitcoin. Every week, BCCC seeks to write call options against a portion of its notional holdings in an effort to harvest option premiums and perform distributions. By writing call options against only a portion of its bitcoin ETP exposure, BCCC maintains the potential ability to benefit from a portion of the gains that may be realized.
