BlackRock Launches Its Yield-Generating iShares Bitcoin Premium Income ETF, Trading Upside for a Mid-to-High-Teens Yield

BlackRock’s iShares Bitcoin Premium Income ETF (BITA) went live on Nasdaq, selling call options on up to 35% of its Bitcoin and IBIT holdings to generate a mid-to-high-teens yield, with about 70% upside retention, beating Goldman Sachs to market.

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