Wu Shuo learned that Bloomberg ETF analyst Eric Balchunas posted an article stating that BlackRock has submitted a new, possibly final, revised filing for the Bitcoin Premium Income ETF (ticker: BITA), and disclosed an expense ratio of 65 basis points.


This fee rate is higher than products like BlackRock's spot Bitcoin ETF IBIT.
Balchunas believes that BITA may be launched very soon, as BlackRock is trying to enter the market before Goldman Sachs' similar product takes effect around July 1, and the competition for "income-generating" Bitcoin ETFs is officially heating up.
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