Grayscale Files Biweekly Payout ETF in Bid for High-Income Returns
Grayscale has filed for a new exchange-traded fund (ETF) called ZCSH High-Income ETF, which aims to provide biweekly payouts to investors. The fund will track the performance of a basket of high-income-generating assets, including cryptocurrencies and other investments.
The Grayscale ZCSH High-Income ETF is designed to offer investors a new way to access high-yield returns through a regulated investment vehicle. By investing in the fund, holders can potentially earn biweekly distributions, providing a regular source of income.
Grayscale has filed for approval with the US Securities and Exchange Commission (SEC) to list the ZCSH High-Income ETF on major exchanges. If approved, the fund will join Grayscale's existing lineup of investment products, including the popular Bitcoin Trust.