Key highlights: BlackRock has launched BITA, a Bitcoin Income ETF that generates monthly payouts by selling covered call options. The new fund will combine spot Bitcoin and IBIT exposure. BITA will compete with existing sector players while Goldman Sachs is inching closer to bringing its version to the market. Wall Street pushes deeper into crypto […]
Tag: BITA
Key highlights: BlackRock filed its fourth amendment for its Bitcoin income ETF, called BITA. The ETF intends to generate regular income, a strategy similar to Goldman Sachs’ ETF. BITA will trade on Nasdaq with a 0.65% fee. Asset manager , “BlackRock just filed a new (and probably final) amendment for their Bitcoin Premium Income ETF […]