BlackRock To Launch Income-Paying Bitcoin ETF

2 days ago 4

CryptoProwl

Thu, June 11, 2026 astatine 8:10 AM CDT 1 min read

Asset manager BlackRock (NYSE: $BLK) is readying to motorboat a caller Bitcoin (CRYPTO: $BTC) exchange-traded money (ETF) that pays a regular income to investors.

BlackRock has filed with U.S. regulators to motorboat the iShares Bitcoin Premium Income ETF, which volition commercialized connected the Nasdaq speech nether the ticker awesome “BITA.”

The ETFs income volition beryllium generated from options trades. The money volition clasp Bitcoin and shares of BlackRock's flagship spot Bitcoin ETF (NASDAQ: $IBIT). 

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Each month, BlackRock volition merchantability covered telephone options connected the IBIT shares to make superior that volition beryllium returned to investors successful the signifier of income.

A telephone enactment gives the purchaser the close to acquisition the shares astatine a acceptable price. The money collects a fee, called a premium, for selling that right. That premium is the income it volition springiness to investors.

BlackRock has acceptable a absorption interest connected the caller ETF of 0.65%, which is beneath different covered-call Bitcoin funds that complaint fees of 0.95% to 0.99%.

Analysts accidental the caller BlackRock money is different measurement successful turning Bitcoin into an income-generating merchandise for mainstream investors. 

Bitcoin is presently trading astatine $62,800 U.S. 

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