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BlackRock's Jay Jacobs says Bitcoin is too big to ignore, backs it with new ETF product
BlackRock's Jay Jacobs calls Bitcoin too significant to ignore as the firm launches BITA, a new covered-call ETF generating monthly income from Bitcoin
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theblock.co
BlackRock launches new Bitcoin ETF that generates income using a covered call strategy
BITA holds bitcoin and BlackRock’s bitcoin ETF (IBIT) and generates income by selling call options on up to 35% of those IBIT holdings.
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news.bitcoin.com
Blackrock Beats Goldman to Market With Bitcoin Income ETF BITA Launching June 16
Blackrock launches its bitcoin covered-call ETF BITA on Nasdaq June 16, targeting 15–25% annual yield with 70% upside participation.
