Crypto World News, reported by BBX, BlackRock's iShares Bitcoin Gain Yield ETF ($BITA) officially listed on NASDAQ on June 16, becoming the world's first Bitcoin income ETF issued by a major asset management firm. At the same time, MARA Holdings purchased 1,000 BTC through FalconX, approximately $66.7 million, marking the first confirmed on-chain net buy after a large-scale sell-off in Q1. The ETF employs an actively managed covered call strategy, targeting an annualized return of 15% to 25%.

BTC-0.25%
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ApyDaydreamer
· 35m ago
Traditional financial giants are becoming increasingly professional in their approach, moving from passive holdings to structured products, and the financialization process of BTC is advancing to a deeper level.
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RationalRugChecker
· 2h ago
$66.7 million to buy 1,000 units, an average of $66.7k each.
MARA's cost isn't low, it seems they are really optimistic about the future.
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LatencyLullaby
· 2h ago
Covered call strategy, in simple terms, means sacrificing some upside potential in exchange for steady cash flow, suitable for conservative investors who believe BTC won't go up too much.
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On-ChainCheatSheetKing
· 2h ago
Active management + options overlay, management fees are estimated to be high; retail investors should calculate whether their net returns can beat spot prices before buying.
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CandleAfterTheRain
· 2h ago
MARA has finally started accumulating coins again. After selling in Q1, now it's coming back, and the pace is well managed.
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0xLateComer
· 2h ago
BlackRock's move is clever, bundling BTC and options strategies for traditional funds. The target return of 15-25% is indeed attractive, but it depends on whether volatility can cooperate.
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GateUser-870b5e71
· 2h ago
The world’s first Bitcoin yield ETF issued by a mainstream asset manager—this title is quite the attention-grabber. Nasdaq listing means the pension allocation channel is opening up even wider again.
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