Key stats
About Grayscale Bitcoin Covered Call ETF
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Inception date
Apr 2, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Grayscale Advisors LLC
Distributor
Foreside Fund Services LLC
ISIN
US38963H3057
BTCC seeks to provide current income by employing a synthetic covered call strategy linked to Bitcoin exchange-traded products. The fund focuses on generating income through a combination of call and put options that replicate the price movements of these ETPs. It actively writes out-of-the-money call options with short expirations to generate monthly income, which may limit potential gains if the price of the ETPs rises significantly. BTCC does not invest directly in Bitcoin, avoiding exposure to its spot price, and operates through a wholly owned subsidiary in the Cayman Islands to enhance tax efficiencies. The fund also invests in short-term US Treasury securities as collateral for options contracts and may utilize reverse repurchase agreements to manage exposure levels. Monthly distributions are planned, aiming for a structured approach to income generation while maintaining a focus on the performance of Bitcoin-linked investments.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash97.70%
Mutual fund2.30%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BTCC last dividends amounted to 0.95 USD. The month before, the issuer paid 1.18 USD in dividends, which shows a 24.92% decrease.
BTCC assets under management is 37.38 M USD. It's risen 46.46% over the last month.
BTCC fund flows account for 39.21 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BTCC pays dividends to its holders with the dividend yield of 58.64%. The last dividend (Sep 15, 2025) amounted to 0.95 USD. The dividends are paid monthly.
BTCC shares are issued by Digital Currency Group, Inc. under the brand Grayscale. The ETF was launched on Apr 2, 2025, and its management style is Active.
BTCC expense ratio is 0.66% meaning you'd have to pay 0.66% of your investment to help manage the fund.
BTCC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BTCC invests in cash.
BTCC trades at a premium (0.25%) meaning the ETF is trading at a higher price than the calculated NAV.