Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
BlackRock Submits Revised Filing for a Bitcoin Income ETF; Management Fee Set at 0.65%, Set to Go Live in Early July
On June 10, it was reported that BlackRock’s iShares submitted the fourth version of the S-1 amendment for a Bitcoin income ETF (ticker $BITA) to the U.S. SEC. Industry expert Eric Balchunas interpreted that this amendment is most likely the final version.
The ETF’s management fee is set at 0.65% (65 bps). This fee level is higher than similar products like $BITB, but lower than the two largest covered call ETFs currently on the market; these two ETFs have fees of 0.95% and 0.99%, respectively.
Market speculation suggests the product will be officially launched soon. BlackRock intends to get to market ahead of Goldman Sachs. The product is expected to take effect around July 1.
As Eric Balchunas said in an earlier post, the market’s subsequent focus will be on how much upside return this ETF can generate for investors through options strategies.
He also compared the current yields of similar Bitcoin income products on the market—for example, $YBIT has a yield of 10%, and $XBCI is also 10%. The subsequent actual yield performance of $BITA is likewise worth continued market observation.
#贝莱德 #BITA