Gray Scale submits application for Ethereum quality income exchange-traded fund
ChainCatcher news, according to information shared by Bloomberg's senior ETF analyst Eric Balchunas on the X platform, Grayscale has submitted an application for a premium income exchange-traded fund for Ethereum, named "Grayscale Ethereum Premium Income ETF." The trading code and fee information have not yet been disclosed, and it is expected to go into effect on April 9, 2025. This fund primarily creates synthetic positions based on Grayscale's own Ethereum ETF, including the Grayscale Ethereum Trust ETF (ETHE) and the Grayscale Ethereum Mini Trust (ETH), and uses a covered call option strategy to generate "income" from premiums.