BlackRock doubles down on Bitcoin with new income-focused ETF

BlackRock is extending its push into Bitcoin with a new fund designed to turn the asset’s volatility into investor yield. On Sept. 25, Bloomberg ETF analyst Eric Balchunas revealed that the firm had filed for a product called the iShares Bitcoin Premium ETF, a covered-call fund structured under the ’33 Act. Unlike a traditional spot The post BlackRock doubles down on Bitcoin with new income-focused ETF appeared first on CryptoSlate.