Grayscale Ethereum Covered Call ETF

Grayscale Ethereum Covered Call ETF

ETCO
Grayscale Ethereum Covered Call ETFUS flagNew York Stock Exchange Arca
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Capital Structure

FRC

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Working Capital

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Business
Grayscale Ethereum Covered Call ETF (ETCO) is an actively managed exchange-traded fund that seeks to generate current income through a covered call writing strategy on Ethereum exchange-traded products (ETPs), with a secondary objective of participating in Ether price returns. The fund writes, rolls, and rebalances call options on Ethereum ETPs including Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH); it holds U.S. Treasury Bills, cash equivalents, and related options positions such as call and put options on Ether futures; distributions occur bi-weekly, targeting the 15th and 30th of each month, with payouts derived from net investment income, realized capital gains, and return of capital. ETCO trades on NYSE Arca with a total expense ratio of 0.66%, CUSIP 38963H602, and ISIN US38963H6027. Launched on September 4, 2025, ETCO represents Grayscale Investments' latest innovation in income-focused cryptocurrency products, broadening its platform of Ethereum-linked solutions for institutional and retail investors seeking yield from Ether volatility. The fund, managed by Grayscale—a cryptoasset manager founded in 2013 and headquartered in Stamford, Connecticut—has rapidly implemented bi-weekly distributions starting September 30, 2025, with recent payouts including $0.8872 per share on December 15, 2025 (84% return of capital). As of December 16, 2025, assets under management stand at $6.02 million, with a net asset value per share of $19.42 and a distribution rate of 101.29%.