Grayscale, the largest digital asset investment manager in the world, has launched a new fund negotiated in exchange which links to the momentum of the recent Ether (ETH) market.
The Ethereum covered ETHEREUM in gray levels (ETCO) began to negotiate Thursday, offering an exhibition to Ether with an option writing strategy designed to generate a stable income.
The launch came like Ether, the native token of the Ethereum blockchain, outperformed Bitcoin (BTC) in 2025, increasing by 34% the year to 20% of BTC to 20% of BTC BTC
Behind the gains are a renewal of the interests of retail and institutional sales, as evidenced by entries in the ETH spots in August which overshadowed those who were heading for the BTC funds.
Wall Street’s companies have increasingly adopted blockchain to rationalize processes in their trading and settlement systems, creating a capital flow in the assets that has raised demand on the Spot and Derivatives markets.
Andco aims to capture this interest while providing a stamp against volatility. The Fund systematically sells purchase options on negotiated stock market products related to Ethereum such as the Grayscale ETF ETF (ETHE) and Grayscale ETF ETF (ETH). The premiums generated from these options are distributed to shareholders on a bihebdomedary basis, making ETCO a “before income” strategy that could use investors in search of cash flow.
“The Call FNB covered by Ethereum in gray levels is designed to complete the existing Ethereum Existing exposure of an investor by adding an income component,” said Krista Lynch, main vice-president of the ETF capital markets in Grayscale.
The covered appeal strategies are common in the shares, where they help investors monetize volatility while potentially reducing the risk of decline. Grayscale applies the same logic to cryptographic markets, where the swings and the liquidity of Ether create opportunities for option bonuses.
The main objective of the fund is to generate a current income, in order to capture the yields linked to ether. By writing purchasing options near the cash price, ando seeks to transform the volatility of the token – which often dissuades traditional investors – in a source of yield.
This product joins an increasing range of income -oriented cryptographic funds in Grayscale, which already includes Bitcoin Covered Call ETF (BTCC) and the Premium ETF (BPI).