BlackRock races Bitcoin income ETF toward potential launch
BlackRock races Bitcoin income ETF toward potential launch
BlackRock filed a Form 8-A with the SEC, moving its Bitcoin Premium Income ETF one step closer to a Nasdaq launch.Bloomberg ETF analyst Eric Balchunas said the filing could signal that the BITA fund may begin trading as early as next week.The ETF plans to generate income by selling call options tied to BlackRock’s spot Bitcoin ETF, IBIT, while maintaining Bitcoin-linked exposure.