Wu learned that Bloomberg ETF analyst Eric Balchunas stated that BlackRock's iShares Bitcoin Premium Income ETF (BITA) has submitted the third version of its S-1 amendment, but the expense ratio has not yet been disclosed. According to previous SEC filings, the fund intends to hold Bitcoin, IBIT shares, and cash, and generate premium income by selling IBIT-related call options. The product is still in the registration document revision stage and has not yet been officially listed.

BLK-0.05%
BTC-0.34%
IBIT-2.12%
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WhaleTailWitness
· 4h ago
BlackRock is really going all out with IBIT.
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NonceNomad
· 8h ago
Third Edition Revision Notes
SEC provided many comments, and going public will have to wait.
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GasFeeSensitivity
· 8h ago
BlackRock's product lineup for Bitcoin ETFs is becoming increasingly diverse.
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GateUser-b74aba1c
· 8h ago
Wait until the official fee rate is announced before deciding whether to top up; for now, just observe.
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BlackVelvetKeychain
· 9h ago
Cash position + options strategy, feels like the risk appetite is somewhat lower than pure IBIT.
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OrderbookOtter
· 9h ago
Eric Balchunas's sources are still reliable; keep paying attention.
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ThereAreCatsInTheContract.
· 9h ago
If this product works out, will there still be BITA’s BITA in the future?
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