Grayscale filed with the SEC for the ZCSH High Income ETF, an actively managed fund targeting biweekly distributions. The manager applies a covered call strategy to Zcash: it sells short-term call options on ZEC to collect premiums that fund the distributions. ZEC’s price surged from $40-60 to over $700 between September and November 2025, offering volatility conducive to generous premiums. At least 80% of net assets must be exposed to options related to Zcash-listed products, primarily ZCSH. The product offers no fixed yield and the fund forgoes upside participation when the price rises above strike levels.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
