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: IBIT
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 […]
BlackRock has come a long way from being detached from crypto. It’s now one of the biggest pipes moving institutional money into Bitcoin, and now Ethereum too. But we need to make something clear. When headlines say BlackRock is “buying crypto,” they often make it sound like the company is loading coins onto its own […]