Bloomberg Analyst: BlackRock Bitcoin Premium Yield ETF is an Extension of Spot Products and IBIT
ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on X, pointing out that the iShares Bitcoin Premium ETF, a bitcoin premium income ETF submitted by BlackRock, is a spot product under the 1933 Act, adopting a covered call bitcoin strategy. It aims to bring certain returns to bitcoin investments and is also an extension of another bitcoin exchange-traded fund, IBIT.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
São Paulo, Brazil to pilot blockchain-based microloans for small rural producers
The BlackRock address received 16,629 ETH and 300 BTC in the past 10 minutes.
Trending news
MoreCrypto prices
More
