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#Covered call strategy

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Grayscale Files for Zcash Income ETF With Planned Biweekly Payouts
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Grayscale Files for Zcash Income ETF With Planned Biweekly Payouts

Key Highlights Grayscale has filed a prospectus for the ZCSH High Income ETF, a new fund that would use options on its existing Zcash ETF (ticker: ZCSH) to target biweekly distributions. The proposed fund employs a synthetic covered call strategy—buying calls and selling puts for exposure while selling calls to collect premiums—rather than holding ZEC ...

Grayscale Files for ZCSH High Income ETF, an Options-Based Zcash Fund
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Grayscale Files for ZCSH High Income ETF, an Options-Based Zcash Fund

Key Highlights Grayscale filed a registration statement with the SEC on September 25 for the ZCSH High Income ETF, an actively managed fund using a synthetic covered-call strategy on Zcash exchange-traded products. The fund will not hold ZEC directly, instead investing at least 80% of net assets in options contracts referencing The Zcash ETF (ticker: ...