BITA goes live on NASDAQ on June 16, and traditional finance has finally found a new way to cash in on Bitcoin’s volatility

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Wu Shuo has learned that, according to Bloomberg ETF analyst Eric Balchunas, BlackRock's iShares Bitcoin Premium Income ETF (BITA) has been approved by NASDAQ and will be officially listed on June 16 local time. The ETF aims for an annualized return of 15% to 25%, with the goal of capturing at least 70% of Bitcoin's upward gains.
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