BlackRock Expands Bitcoin Fund Offerings with Income-Focused ETF Filing
BlackRock is expanding its bitcoin fund offerings with a new filing for an income-focused ETF. According to reports, the proposed ETF would actively manage a covered call bitcoin exposure through BlackRock's existing iShares Bitcoin Trust (IBIT). The aim of this strategy is to generate income for investors. The development indicates a growing interest in diverse investment products related to bitcoin, moving beyond simple exposure to the cryptocurrency's price.
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