BlackRock is quite skilled at this covered call strategy, achieving 8-12% annualized returns, which is really attractive for institutional funds; it all depends on whether liquidity can hold up.

CoinWorld News, reported by 99bitcoins, Blackstone submitted a registration application to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin premium yield ETF (ticker: $BITA) on June 11, 2026, with an official launch expected on June 19. The ETF will hold spot Bitcoin and IBIT shares, and generate an 8-12% annual return for investors by selling covered call options. Analyst Eric Balchunas pointed out that similar SEC applications usually indicate a launch within a week. Meanwhile, Goldman Sachs is expected to launch a similar Bitcoin ETF on July 1, and Blackstone's market competition strategy is clearly intentional.