BlackRock's Bitcoin Yield Enhanced ETF (BITA) has a revised disclosure fee of 0.65% and may be listed soon.

CoinFeed reported on June 10th that, according to Bloomberg ETF analyst Eric Balchunas, BlackRock has submitted its fourth, and possibly final, S-1 amendment for its new product, the "iShares Bitcoin Premium Income ETF (BITA)," and disclosed for the first time a management fee of 0.65% (65bps). Balchunas stated that this fee is higher than products such as the spot Bitcoin ETF iShares Bitcoin Trust (IBIT), but lower than the two largest covered call ETFs, with fees of 0.95% and 0.99%, respectively. BITA is expected to provide investors with a yield enhancement strategy by holding Bitcoin exposure and selling call options.