Coin World Network news: Blackstone has announced it will launch a new Bitcoin ETF called BITA. The ETF will generate income by selling options on its $49 billion IBIT fund, and distribute these premiums as returns to investors. The ETF is expected to go live on Thursday. Meanwhile, Goldman Sachs is also preparing to launch a competing Bitcoin income ETF on July 1.

IBIT4.63%
GS1.39%
BTC3.90%
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MorningLightInAGlassBottle
· 6h ago
The name BITA is set up so it’s so hard to tell it apart from IBIT—did they do that on purpose?
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ThinkForThreeSecondsBefore
· 7h ago
Goldman Sachs followed up on July 1st, the ETF race is heating up, retail investors can just watch the show
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