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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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Grayscale submits ETH Ethereum high-quality income exchange trading fund application
According to a report by Jinse Finance, Eric Balchunas, a senior ETF analyst at Bloomberg, revealed on the X platform that Grayscale has submitted an application for an ETF called 'Grayscale Ethereum Premium Income ETF'. The trading code and fee information have not been disclosed yet. It is expected to take effect on April 9, 2025. This fund mainly creates synthetic positions based on Grayscale's own Ethereum ETF, including Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust Fund (ETH), and uses covered call options strategy to generate 'income' from premiums.