2d ago
BlackRock launches BITA Bitcoin options ETF aimed at monthly income
BlackRock has introduced the iShares Bitcoin Premium Income ETF (Nasdaq: BITA), an income-oriented product that pairs Bitcoin exposure with options strategies. Unlike the iShares Bitcoin Trust ETF (IBIT), which mainly tracks Bitcoin’s price, BITA uses a covered-call approach designed to generate monthly option premiums. Robert Mitchnick, BlackRock’s head of digital assets, said a “significant segment” of clients want bitcoin exposure while prioritizing income generation.
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2d ago