BCCL.TO

About BCCL.TO

The Global X Enhanced Bitcoin Covered Call ETF is an exchange traded fund designed to provide investors with exposure to the performance of Bitcoin while seeking to generate high distributions through a covered call option strategy. This ETF distinguishes itself by employing light leverage, typically maintaining a leverage ratio of approximately 125%, which aims to enhance both yield potential and capital appreciation. Its core approach combines direct or indirect investment in Bitcoin or related funds with an actively managed dynamic covered call program, which writes call options to earn additional premium income. This structure is intended to provide consistent semi-monthly income to unitholders, while the use of leverage seeks to magnify exposure beyond that of a standard Bitcoin ETF. Given Bitcoin’s inherent volatility, the ETF targets risk-conscious investors seeking both yield enhancement and exposure to the cryptocurrency sector, recognizing the high-risk nature associated with crypto assets and derivatives such as Bitcoin futures. Managed by Global X Investments Canada Inc., the fund operates as an alternative mutual fund and is eligible for both registered and non-registered investment accounts. The Global X Enhanced Bitcoin Covered Call ETF plays a specialized role in the market by offering a blend of income generation, growth potential, and managed risk tied to the digital asset ecosystem.