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HTX News

06/16 15:00

BlackRock Launches Bitcoin Income ETF BITA

On June 16, BlackRock officially launched the iShares Bitcoin Premium Income ETF (ticker: BITA). This product generates monthly option premium income for investors by holding spot Bitcoin and shares of the iShares Bitcoin Trust (IBIT), while selling call options on approximately 25%-35% of its holdings. Reports indicate that BITA has an annual fee rate of 0.65%, higher than IBIT's 0.25%. Currently, several institutions, including Goldman Sachs, are also advancing similar Bitcoin income ETF products, indicating a rising demand in the market for 'Bitcoin + Income' strategies.

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