CryptoNews

Blackrock Beats Goldman to Market With Bitcoin Income ETF BITA Launching June 16

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…
Read more