Global X Debuts Covered Call Bitcoin ETF, Aims To Keep Volatility In Check

Investors increasingly seek structured exposure to the crypto market without the rollercoaster of direct ownership, and Global X Management Company LLC is offering a solution.

What Happened: The Global X Bitcoin Covered Call ETF (NASDAQ:BCCC), a new ETF, combines Bitcoin-linked exposure with an actively managed covered call strategy. It’s intended to harvest income while offsetting some of the volatility that comes with the digital asset class.

BCCC earns weekly income by selling call options over …

Full story available on Benzinga.com