BlackRock has submitted a new revised filing for its Bitcoin Premium Income ETF (BITA), setting the fee at 65 basis points.

CoinFeed reported on June 11 that Bloomberg ETF analyst Eric Balchunas wrote on the X platform that BlackRock has submitted a new (likely final) revised filing for its Bitcoin Premium Income ETF BITA, setting the fee at 65 basis points. This fee rate is higher than products like IBIT, but lower than the 95 and 99 basis points of the two largest ETFs in the call option category. Balchunas expects the product to launch soon, with BlackRock aiming to enter the market earlier than Goldman Sachs' product, whose similar product is expected to go live around July 1.