X @Joe Consorti ⚡️
Joe Consorti ⚡️·2025-09-26 18:26
BlackRock already has ~$84.6B worth of capital in its IBIT spot bitcoin ETF.Now it'll be offering a premium income ETF with yield generated through selling covered calls.Bitcoin-powered yield products are taking over Wall Street.Eric Balchunas (@EricBalchunas):BlackRock registered the name iShares Bitcoin Premium ETF, filing coming soon. This is a covered call bitcoin strategy in order to give btc some yield. This will be a '33 Act spot product, sequel to the $87b $IBIT. https://t.co/IR7hJ59m6q ...