BlackRock Files for Bitcoin Call Overwriting ETF: iShares Bitcoin Premium
BlackRock has filed to launch the "iShares Bitcoin Premium Income ETF." According to reports, the ETF will hold IBIT and sell calls to generate income. The development indicates continued interest from traditional financial institutions in offering crypto-related investment products. Call overwriting is a strategy used to generate income on assets. The ETF aims to provide investors with exposure to Bitcoin while also generating income through options strategies.
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