Blackrock is bringing a second bitcoin product to Wall Street on Tuesday, and this one comes with a yield target.
Key Takeaways
Blackrock lists bitcoin income ETF BITA on Nasdaq June 16, targeting 15–25% annual yield.
BITA targets 70% of bitcoin’s upside while writing covered calls at a 0.65% expense ratio.
Blackrock files Form 8-A on June 11, beating Goldman Sachs’ similar product expected…
Blackrock’s FCA approval to support a crypto ETP marks a breakthrough for institutional adoption in the UK, unlocking new pathways into regulated digital asset exposure.
UK’s FCA Clears Blackrock as Arranger for Crypto ETP, Marking Major Institutional Shift
Blackrock…
Blackrock's Head of Crypto Sees Bitcoin as 'Risk Off' Asset Despite Stock Correlation
September 25, 2024
Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart.
Blackrock and Fidelity ETFs Lead the Charge in Bitcoin Accumulation, Holding Over $2.6 Billion in Combined BTC Assets
January 23, 2024
Recent data reveals that Blackrock, the globe’s leading asset manager boasting over nine trillion in assets under management (AUM), now possesses 33,430.56 bitcoin, valued at approximately $1.34 billion. Similarly, the financial powerhouse Fidelity has increased its bitcoin holdings, with the Fidelity Wise Origin spot bitcoin exchange-traded fund (ETF) now owning 30,169.54 bitcoin, equivalent to…
