Behind BlackRock’s Proposed Bitcoin Premium Income ETF

If anyone can take on BlackRock, it might just be BlackRock itself. BlackRock has effectively cornered the market for spot bitcoin ETFs, with the iShares Bitcoin Trust ETF (IBIT) becoming one of the fastest-growing funds of all time. Now, the world’s largest asset manager is looking to build on that dominance with the iShares Bitcoin Premium Income ETF, an actively managed product designed to hold primarily bitcoin while generating additional income through call options. The premium income offering would ...