Blackrock to list bitcoin income ETF BITA on Nasdaq on June 16, targeting 15–25% annual yield

Blackrock is set to bring a second bitcoin product to Wall Street on June 16, and it comes with an income target. The Ishares Bitcoin Premium Income ETF (BITA) will list on Nasdaq and aims for a 15% to 25% annual yield while seeking to capture at least 70% of bitcoin’s upside. Bloomberg senior ETF analyst Eric Balchunas said the launch was confirmed by Nasdaq in a post on X.