BlackRock plans iShares Bitcoin Premium Income ETF using IBIT option premiums
BlackRock is seeking to launch an iShares Bitcoin Premium Income ETF that would hold bitcoin while generating income through an options strategy, according to a Securities and Exchange Commission filing on Friday. The fund aims to sell call options primarily on IBIT shares to capture premiums and currently has no ticker. BlackRock’s Nasdaq-listed IBIT spot bitcoin ETF has about $69.75 billion in assets under management.