BlackRock Files and Launches Bitcoin Premium Income ETF (BITA) with Covered-Call Strategy
On June 10-16, 2026, BlackRock filed with U.S. regulators and launched the iShares Bitcoin Premium Income ETF (BITA) on Nasdaq. The fund holds spot Bitcoin and IBIT shares, selling covered call options to generate monthly income, targeting institutional and income-focused investors. With a 0.65% fee, it undercuts competitors like YieldMax. Analysts see this as mainstreaming Bitcoin as an income asset, though upside is capped. Bitcoin traded around $62,800.
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BlackRock Launches Bitcoin Premium Income Fund ETF Paying Monthly Income
On June 16, 2026, BlackRock's Bitcoin Premium Income Fund, trading under ticker BITA, began trading. The ETF holds spot bitcoin and shares of IBIT (BlackRock's iShares Bitcoin Trust) while employing a covered call strategy, selling call options to generate monthly income for investors. CoinDesk's Uyen Truong reported the launch on CoinDesk Daily. The fund is designed to provide exposure to Bitcoin while offering a steady income stream through options premiums, differentiating it from standard spot bitcoin ETFs.
Yahoo FinanceBlackRock's New Bitcoin ETF Pays Monthly Income
BlackRock has launched a new Bitcoin exchange-traded fund (ETF) called the Bitcoin Premium Income Fund, trading under the ticker BITA. The fund began trading on June 16, 2026, and is designed to generate monthly income for investors. It holds spot bitcoin and shares of BlackRock's existing iShares Bitcoin Trust (IBIT), while selling call options on those holdings to produce the income stream. The product was reported by CoinDesk and featured on Yahoo Finance's 'CoinDesk Daily' segment hosted by Uyen Truong. The launch represents an evolution in crypto investment products, combining direct bitcoin exposure with an options-based income strategy.
Yahoo FinanceBlackRock Launches BITA Bitcoin ETF Offering Yield by Capping Upside
BlackRock announced the launch of the iShares Bitcoin Premium Income ETF (ticker: BITA), a hybrid Bitcoin exposure product trading on the Nasdaq. The fund holds a mix of actual cryptocurrency and BlackRock's IBIT Bitcoin ETF, then generates monthly income by selling call options on up to 35% of its portfolio. According to BlackRock's head of digital assets, Robert Mitchnick, the ETF retains roughly 70% of Bitcoin's upside while offering a mid-to-high-teens yield through options premiums. The product is designed to appeal to financial advisors, insurers, and pension funds seeking yield alongside Bitcoin exposure. It competes with the NEOS Bitcoin High Income ETF and follows an SEC filing from January 2026. BlackRock currently has no plans to launch a similar product for Ethereum, citing higher client demand for Bitcoin-related offerings.
Yahoo FinanceBlackRock Plans to Launch Income-Paying Bitcoin ETF
Asset manager BlackRock has filed with U.S. regulators to launch the iShares Bitcoin Premium Income ETF, which will trade on Nasdaq under the ticker 'BITA.' The fund will hold Bitcoin and shares of BlackRock's existing spot Bitcoin ETF (IBIT) and generate monthly income for investors by selling covered call options on IBIT shares. The premium collected from these options trades will be distributed as income. BlackRock has set a management fee of 0.65%, lower than competing covered-call Bitcoin funds that charge 0.95% to 0.99%. Analysts view this as a step toward turning Bitcoin into an income-generating asset for mainstream investors. Bitcoin was trading at $62,800 at the time of reporting.
Yahoo FinanceBlackRock To Launch Income-Paying Bitcoin ETF
Asset manager BlackRock has filed with U.S. regulators to launch the iShares Bitcoin Premium Income ETF, trading on Nasdaq under ticker 'BITA.' The fund will hold Bitcoin and shares of BlackRock's spot Bitcoin ETF (IBIT), generating monthly income for investors by selling covered call options on IBIT shares. The premium collected from these options will be distributed as income. BlackRock set a management fee of 0.65%, lower than competing covered-call Bitcoin funds (0.95%-0.99%). Analysts view this as a step toward mainstreaming Bitcoin as an income-generating asset. Bitcoin is currently trading at $62,800.
Yahoo FinanceBlackRock Files for Bitcoin Premium Income ETF (BITA) with Covered-Call Strategy
On June 10, 2026, BlackRock filed its fourth SEC amendment for the iShares Bitcoin Premium Income ETF (BITA), a covered-call Bitcoin ETF that holds spot Bitcoin and IBIT shares while selling call options to generate regular monthly income for investors. The fund will list on Nasdaq with a 0.65% sponsor fee, undercutting existing competitors YieldMax's YBTC (0.95%) and BTCI (0.99%). Bloomberg senior ETF analyst Eric Balchunas expects the launch 'very soon,' noting BlackRock is racing to beat a Goldman Sachs Bitcoin ETF estimated to go live around July 1. The covered-call strategy caps upside gains during Bitcoin rallies but provides income in sideways or declining markets, with potential annual yields of 30-40% depending on volatility. The product targets income-focused institutional investors, pension funds, and retirees seeking regular cash distributions from Bitcoin exposure.
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