#blackRock has officially filed for the iShares Bitcoin Premium Income #etf , a strategic expansion of its digital asset offerings. According to the January 23rd filing, the fund will employ a covered-call strategy on IBIT shares to generate recurring monthly distributions for shareholders.

While a ticker and fee structure have yet to be disclosed, the move signals BlackRock's intent to capture demand for "income-plus" #crypto products. The firm remains the dominant institutional player in the space, currently overseeing nearly 4% of all Bitcoin in existence.