BlackRock Launches Covered-Call Bitcoin ETF BITA Targeting Yield and Price Appreciation

BlackRock launched its iShares Bitcoin Premium Income ETF (BITA) on June 16, 2026, aiming to provide a yield of 15–25% annually while capturing at least 70% of bitcoin's price appreciation through an actively managed covered call strategy. The fund combines direct BTC holdings and shares in BlackRock’s IBIT trust.

By Daniel Francis Sat, June 20, 2026 at 3:36 PM GMT+3 4 min read · Yahoo Finance · June 20, 2026, 12:36 UTC

Tickers: $BLK $COIN $IBIT

Topics: bitcoin BlackRock covered-call strategy crypto investing ETFs

Read the full article at Yahoo Finance

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