FILE PHOTO: Representations of cryptocurrency Bitcoin are placed on a PC motherboard, in this illustration taken June 16, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) - Cryptocurrency asset manager Grayscale Investments plans to file for a covered call exchange-traded fund in an effort to allow investors to generate income from options on its Grayscale Bitcoin Trust, said CEO Michael Sonnenshein.
GBTC began trading as an ETF on Thursday on NYSE Arca after the U.S. Securities and Exchange Commission approved its conversion -- along with a spate of other proposals for spot bitcoin ETFs -- a day earlier.
