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…