BlackRock Launches iShares Premium Income Bitcoin ETF with Target Yield of 15–25%
BlackRock launched its iShares Premium Income Bitcoin ETF (BITA) on June 16, 2026, offering monthly cash distributions from Bitcoin exposure. The fund uses a covered call strategy to generate income by selling options on part of the portfolio, targeting an annualized yield between 15–25%. This product is designed for institutional investors seeking income while capping potential upside in bull markets.
Topics: Bitcoin BlackRock covered call strategy ETFs income investing