---
ticker: "ETCO"
name: "Grayscale Ethereum Covered Call ETF"
url: "https://etf.net/etf/ETCO"
grade: "C"
score: 40
graded_at: "2026-10-12"
category: "Crypto Option Income"
category_rank: "13 of 22"
methodology: "https://etf.net/methodology"
---

# ETCO: Grayscale Ethereum Covered Call ETF

Grade **C**, Score 40 of 100. Rank 13 of 22 in Crypto Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 90 | 1 of 22 |
| Mission | Not scored | — |
| Risk | 25 | 18 of 22 |
| Tradability | 11 | 22 of 22 |
| Holdings | Not scored | — |
| Durability | 47 | 15 of 22 |

## Top holdings

The fund holds 4 positions. These are the largest 4, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | United States Treasury Bill 12/24/2026 | 107.51% |
| 2 | — | Eth 12/18/2026 25.74 C | 5.53% |
| 3 | — | Cash & Other | 2.83% |
| 4 | FGXXX | First American Government Obligations Fund 12/01/2031 | 0.89% |

Source: etf.net, https://etf.net/etf/ETCO. Please cite the page URL.