#عاجل🚨🚨🚨 : BlackRock submits an application to issue a new exchange-traded fund (#ETF ) for Bitcoin with a premium income
Today, BlackRock filed an application (S-1) with the U.S. Securities and Exchange Commission (#SEC ) to issue a new exchange-traded fund for Bitcoin with a premium income from #iShares .
• The fund offers an investment opportunity in #البيتكوين with a lucrative return.
• The fund generates income by selling covered call options on the IBIT fund (which has managed assets exceeding $70 billion).
• The fund is designed to benefit from Bitcoin price volatility and reduce potential risks compared to holding Bitcoin directly.
This fund represents the next phase in the evolution of Bitcoin exchange-traded funds; it moves from merely gaining exposure to price volatility to structured products focused on income, following the historic success of the IBIT fund.
BlackRock builds its products around Bitcoin, not away from it.
