💥BREAKING: BlackRock is launching a Bitcoin income ETF that distributes monthly cash payments to investors, built on top of its existing $49 billion $IBIT fund.


The new BITA ETF will generate yield by selling options on IBIT and passing the premiums directly to holders as monthly income, giving Bitcoin exposure a cash flow component it has never had at this scale.
Goldman Sachs is preparing a competing product targeting a July 1 launch, setting up the first direct institutional race to own the Bitcoin income ETF market.
BlackRock manages $14 trillion in assets. When it builds yield infrastructure around Bitcoin, it is not a retail product. It is a signal to every pension fund, endowment and income-focused allocator that Bitcoin is now a legitimate income asset.
BTC4.91%
IBIT5.02%
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