Crypto
BlackRock set to list covered-call bitcoin ETF as BITA, listing expected this month
BlackRock has filed an amended S-1 registration statement with the U.S. Securities and Exchange Commission for its iShares Bitcoin Premium Income ETF, to trade as BITA. The fund is designed to hold bitcoin-linked assets while selling covered call options to earn option premiums. Bloomberg ETF analyst Eric Balchunas expects BITA to list within weeks. Filing details include holdings of spot bitcoin, IBIT shares and cash, with Coinbase expected as custodian.