ETCO
Grayscale Ethereum Covered Call ETF
stock NYSE ETF

Buy it, collect divvies to reinvest in something like SCHG and ride the ETCO into the ground.

If you don't hold conviction in Ethereum, you shouldn't even consider this.
I have extremely high conviction in eth outperforming over the next 3-6 months. Given this assumption turns out to be correct, ETCO is a retirement-maker.
If not, my downside is reasonable. I am investing a third of my winnings from buying OPEN at 57 cents and selling at $9.50 a couple months later.
I agree, there is serious risk. My investing thesis is that the risk is assymetric.

200%+ dividend: ETCO

Buy it, collect divvies to reinvest in something like SCHG and ride the ETCO into the ground.

If you don't hold conviction in Ethereum, you shouldn't even consider this.
I have extremely high conviction in eth outperforming over the next 3-6 months. Given this assumption turns out to be correct, ETCO is a retirement-maker.
If not, my downside is reasonable. I am investing a third of my winnings from buying OPEN at 57 cents and selling at $9.50 a couple months later.
I agree, there is serious risk. My investing thesis is that the risk is assymetric.

200%+ dividend: ETCO