The Grayscale Bitcoin Covered Call ETF (BTCC) is an actively managed exchange-traded fund from Grayscale that trades on NYSE Arca. The fund's primary objective is to generate current income, with a secondary objective of participating in bitcoin's returns through options on bitcoin exchange-traded products such as Grayscale Bitcoin Trust ETF (GBTC) and Grayscale Bitcoin Mini Trust ETF (BTC). It does not hold spot bitcoin. BTCC writes, rolls and rebalances call options on those bitcoin ETPs, and targets distributions twice a month on the 15th and 30th. The fund launched on April 2, 2025 and is a series of Grayscale Funds Trust, a Delaware statutory trust.