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

BITA holds bitcoin and BlackRock’s bitcoin ETF (IBIT) and generates income by selling call options on up to 35% of those IBIT holdings.

Blackrock launches its bitcoin covered-call ETF BITA on Nasdaq June 16, targeting 15–25% annual yield with 70% upside participation.

Your day-ahead look for June 16, 2026

BlackRock's iShares Bitcoin Premium Income ETF (BITA) sells monthly call options on IBIT shares to generate income, trading some upside exposure for a 0.65% annual fee 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

BlackRock's new BITA ETF uses a covered-call strategy on its spot Bitcoin ETF holdings to generate monthly income.

BlackRock launched the iShares Bitcoin Premium Income ETF (BITA), using a covered call strategy on Bitcoin holdings to target 15-25% annualized yield for

BlackRock says 75% of IBIT buyers never owned an ETF, suggesting crypto ETFs may be pulling crypto investors into traditional finance products.