CryptoCoinDesk2 days ago
BlackRock bitcoin income ETF nears launch at 0.65% fee
1 min read
BlackRock is preparing to launch the iShares Bitcoin Premium Income ETF under ticker BITA. The fund generates income by selling call options on 25% to 35% of its IBIT holdings monthly. BlackRock set a 0.65% sponsor fee, undercutting rival covered-call bitcoin ETFs like YBTC and BTCI.
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