The Global X Bitcoin Covered Call ETF (BCCC) is a uniquely positioned exchange-traded fund designed to offer investors a strategic approach to capitalizing on bitcoin's potential while generating income. This ETF falls under the category of Pair Trading, specifically focusing on a Long Bitcoin and Short USD strategy within the Derivative niche. By employing a covered call strategy, BCCC aims to provide investors with current income through the collection of premiums from selling call options on bitcoin or bitcoin-related securities. Simultaneously, it maintains an exposure to the price movements of bitcoin by investing in U.S.-listed ETFs that track bitcoin's performance. This dual approach not only facilitates income generation but also allows investors to benefit from the price appreciation of bitcoin, offering a balanced risk-reward profile for those looking to navigate the complexities of cryptocurrency markets. Ideal for income-focused investors with an interest in the burgeoning digital asset space, BCCC provides a distinctive avenue to participate in bitcoin's growth potential while mitigating some of the volatility inherent in direct cryptocurrency investments.
Global X Bitcoin Covered Call ETF (BCCC) Fund Flow Chart
Global X Bitcoin Covered Call ETF (BCCC) 1 year Net Flows: $14M
BCCC ETF FAQ
What was BCCC’s price range in the past 12 months?
BCCC lowest ETF price was $23.93 and its highest was $27.21 in the past 12 months.