BlackRock files iShares Bitcoin Premium Income ETF on Jan. 23, eyes volatility yield
On Jan. 23, BlackRock filed for the iShares Bitcoin Premium Income ETF, which would track BTC via IBIT while distributing option premiums from selling covered calls, typically overwriting 25%–35% of net assets. IBIT's scale—$69.2 billion AUM and $62.816 billion cumulative net inflows—positions BlackRock to mass-produce this volatility-as-income strategy despite warnings that crowded call selling may compress premiums.
