BlackRock Launches Covered-Call Bitcoin ETF Under BITA Ticker

BTC-0.63%
IBIT-0.18%
According to SEC filings, BlackRock has launched the iShares Bitcoin Premium Income ETF, trading under ticker BITA. The actively managed fund employs a covered-call options strategy linked to bitcoin exposure and BlackRock's iShares Bitcoin Trust (IBIT), aiming to generate monthly premium income rather than pure price appreciation.
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