BlackRock’s $12.5T Bitcoin ETF Filing Shakes Markets — Is Approval Imminent?

BlackRock, the world’s largest asset manager, has filed an application for a new Bitcoin Premium Income ETF, a move that could significantly expand institutional exposure to digital assets. The $12.5 trillion firm is seeking approval for what would be its latest entry into cryptocurrency products, adding to its growing dominance in the exchange-traded fund market. New BlackRock ETF Seeks Yield on Bitcoin Through Covered-Call Strategy The proposed Bitcoin Premium Income ETF is designed as a covered-cal ...