BlackRock Debuts BITA Bitcoin ETF, Trading Partial Upside for Double-Digit Yield
BlackRock launched an ETF that limits Bitcoin gains in exchange for double-digit payouts by selling call options on its holdings.
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BlackRock launched an ETF that limits Bitcoin gains in exchange for double-digit payouts by selling call options on its holdings.
BITA holds bitcoin and BlackRock’s bitcoin ETF (IBIT) and generates income by selling call options on up to 35% of those IBIT hold...
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