CryptoCoinDeskabout 3 hours ago
BlackRock launches bitcoin income ETF BITA
1 min read
BlackRock's iShares Bitcoin Premium Income ETF (BITA) begins trading Tuesday, offering bitcoin exposure with monthly income via a covered call strategy. The fund holds spot bitcoin and IBIT shares, selling call options on 25% to 35% of its portfolio. BITA targets income-focused investors and bitcoin holders seeking cash flow.
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