BlackRock Launches Bitcoin Premium Income ETF BITA With 0.65% Annual Fee

BTC-1.99%
IBIT-1.08%

According to The Block, BlackRock launched the iShares Bitcoin Premium Income ETF (BITA), which generates monthly income by selling call options on 25%-35% of its Bitcoin holdings. The fund holds spot Bitcoin and iShares Bitcoin Trust (IBIT) shares, retaining most upside while providing additional income through the options strategy.

BITA carries an annual fee of 0.65%, higher than IBIT's 0.25%. Multiple institutions, including Goldman Sachs, are developing similar Bitcoin income ETFs, indicating growing demand for bitcoin-plus-yield strategies.

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ABigHeartvip
· 23m ago
BITA's annual fee is 0.65%, higher than IBIT's 0.25%. Several institutions (including Goldman Sachs) are developing similar Bitcoin yield ETFs, indicating that demand for "Bitcoin plus yield" strategies is increasing.
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